LM Advisors LLC Buys 78 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

LM Advisors LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 3,106 shares of the company’s stock after purchasing an additional 78 shares during the quarter. LM Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $1,828,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Nisa Investment Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at $5,813,061,000. Wealthfront Advisers LLC lifted its position in iShares Core S&P 500 ETF by 553,404.4% during the fourth quarter. Wealthfront Advisers LLC now owns 8,535,038 shares of the company’s stock valued at $5,024,406,000 after purchasing an additional 8,533,496 shares during the last quarter. Proficio Capital Partners LLC grew its stake in shares of iShares Core S&P 500 ETF by 40,255.6% in the 4th quarter. Proficio Capital Partners LLC now owns 8,128,820 shares of the company’s stock worth $4,785,274,000 after buying an additional 8,108,677 shares in the last quarter. Prudential Financial Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 142.1% in the 4th quarter. Prudential Financial Inc. now owns 11,609,297 shares of the company’s stock worth $6,834,161,000 after buying an additional 6,813,214 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $2,428,403,000.

iShares Core S&P 500 ETF Trading Down 1.1 %

IVV opened at $571.42 on Thursday. The stock has a 50-day moving average of $592.83 and a 200 day moving average of $589.53. iShares Core S&P 500 ETF has a 12 month low of $496.30 and a 12 month high of $616.22. The firm has a market cap of $550.28 billion, a P/E ratio of 24.98 and a beta of 1.01.

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.