Independent Advisor Alliance Grows Stock Position in iShares Core S&P 500 ETF $IVV

Independent Advisor Alliance increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 28,451 shares of the company’s stock after purchasing an additional 2,591 shares during the period. iShares Core S&P 500 ETF makes up 0.5% of Independent Advisor Alliance’s investment portfolio, making the stock its 29th biggest position. Independent Advisor Alliance’s holdings in iShares Core S&P 500 ETF were worth $19,043,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of IVV. Nvwm LLC lifted its stake in iShares Core S&P 500 ETF by 210.5% in the second quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after acquiring an additional 40 shares during the last quarter. Hager Investment Management Services LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at approximately $61,000. Winnow Wealth LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at $61,000. Rice Partnership LLC lifted its position in shares of iShares Core S&P 500 ETF by 460.0% during the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after purchasing an additional 92 shares during the last quarter. Finally, Creative Capital Management Investments LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 2nd quarter worth $80,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $695.03 on Friday. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $700.97. The firm has a market capitalization of $761.58 billion, a PE ratio of 25.10 and a beta of 1.00. The business’s fifty day moving average price is $689.02 and its 200 day moving average price is $669.23.

iShares Core S&P 500 ETF Company Profile

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.