Kovack Advisors Inc. Has $78.40 Million Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Kovack Advisors Inc. increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVVFree Report) by 10.9% during the 4th quarter, HoldingsChannel reports. The fund owned 133,186 shares of the company’s stock after purchasing an additional 13,137 shares during the quarter. iShares Core S&P 500 ETF accounts for about 7.7% of Kovack Advisors Inc.’s investment portfolio, making the stock its largest holding. Kovack Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $78,404,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. SYM FINANCIAL Corp bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $30,000. Modus Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $32,000. Ulland Investment Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $32,000. Safe Harbor Fiduciary LLC acquired a new position in iShares Core S&P 500 ETF during the third quarter valued at approximately $33,000. Finally, Advantage Trust Co acquired a new position in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $36,000.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $597.28 on Thursday. The stock has a market cap of $594.08 billion, a P/E ratio of 26.66 and a beta of 1.01. The firm has a 50 day moving average price of $600.98 and a 200 day moving average price of $587.36. iShares Core S&P 500 ETF has a 52-week low of $496.30 and a 52-week high of $616.22.

iShares Core S&P 500 ETF Profile

(Free Report)

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.

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Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVVFree Report).

Institutional Ownership by Quarter for iShares Core S&P 500 ETF (NYSEARCA:IVV)

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