PAX Financial Group LLC Has $31.09 Million Holdings in iShares Core S&P 500 ETF $IVV

PAX Financial Group LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 45,388 shares of the company’s stock after acquiring an additional 3,830 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 5.4% of PAX Financial Group LLC’s investment portfolio, making the stock its largest position. PAX Financial Group LLC’s holdings in iShares Core S&P 500 ETF were worth $31,088,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Decker Retirement Planning Inc. bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $29,000. Palouse Capital Management Inc. bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $38,000. Imprint Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF in the third quarter worth about $39,000. Dorato Capital Management bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $55,000. Finally, EQ Wealth Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $55,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.8%

IVV stock opened at $751.56 on Friday. The stock has a market capitalization of $829.91 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $578.31 and a 12 month high of $753.02. The firm has a 50-day moving average price of $689.96 and a 200-day moving average price of $687.92.

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.