Transamerica Financial Advisors Inc. Has $8 Million Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Transamerica Financial Advisors Inc. increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 8.5% during the fourth quarter, Holdings Channel reports. The firm owned 13,587 shares of the company’s stock after acquiring an additional 1,070 shares during the period. iShares Core S&P 500 ETF makes up approximately 0.8% of Transamerica Financial Advisors Inc.’s investment portfolio, making the stock its 24th biggest position. Transamerica Financial Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $7,999,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. M Holdings Securities Inc. acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at about $35,343,000. Strategent Financial LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $416,000. ORG Partners LLC boosted its stake in shares of iShares Core S&P 500 ETF by 9.0% in the 4th quarter. ORG Partners LLC now owns 27,810 shares of the company’s stock valued at $16,382,000 after purchasing an additional 2,289 shares in the last quarter. Meadow Creek Wealth Advisors LLC grew its holdings in shares of iShares Core S&P 500 ETF by 5.7% during the 4th quarter. Meadow Creek Wealth Advisors LLC now owns 19,820 shares of the company’s stock valued at $11,668,000 after purchasing an additional 1,070 shares during the last quarter. Finally, Parkworth Wealth Management Inc. acquired a new position in iShares Core S&P 500 ETF during the 4th quarter worth approximately $59,000.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $558.12 on Friday. iShares Core S&P 500 ETF has a fifty-two week low of $496.30 and a fifty-two week high of $616.22. The firm has a market capitalization of $537.47 billion, a P/E ratio of 24.98 and a beta of 1.01. The company’s 50 day moving average price is $591.49 and its two-hundred day moving average price is $589.45.

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.