Financial Perspectives Inc Increases Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Financial Perspectives Inc increased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 6,535 shares of the company’s stock after acquiring an additional 459 shares during the period. iShares Core S&P 500 ETF makes up approximately 1.3% of Financial Perspectives Inc’s investment portfolio, making the stock its 19th biggest position. Financial Perspectives Inc’s holdings in iShares Core S&P 500 ETF were worth $3,847,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its stake in shares of iShares Core S&P 500 ETF by 11.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after purchasing an additional 2,187,803 shares in the last quarter. International Assets Investment Management LLC boosted its position in iShares Core S&P 500 ETF by 67,668.9% during the 3rd quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock valued at $5,910,868,000 after buying an additional 10,232,214 shares during the period. Nisa Investment Advisors LLC purchased a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at $5,813,061,000. Wealth Enhancement Advisory Services LLC boosted its position in iShares Core S&P 500 ETF by 1.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,259,628 shares of the company’s stock valued at $3,610,681,000 after buying an additional 89,032 shares during the period. Finally, Alberta Investment Management Corp boosted its position in iShares Core S&P 500 ETF by 121.2% during the 4th quarter. Alberta Investment Management Corp now owns 5,660,361 shares of the company’s stock valued at $3,332,141,000 after buying an additional 3,101,389 shares during the period.

iShares Core S&P 500 ETF Stock Up 0.2 %

Shares of IVV opened at $615.85 on Thursday. The stock has a market capitalization of $531.42 billion, a P/E ratio of 25.23 and a beta of 0.99. The firm has a fifty day simple moving average of $601.10 and a two-hundred day simple moving average of $584.74. iShares Core S&P 500 ETF has a twelve month low of $495.94 and a twelve month high of $616.22.

About iShares Core S&P 500 ETF

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market.