iShares Core S&P 500 ETF $IVV Position Raised by Polaris Investment Advisors LLC

Polaris Investment Advisors LLC increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 14.1% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 23,093 shares of the company’s stock after buying an additional 2,849 shares during the period. iShares Core S&P 500 ETF accounts for about 11.0% of Polaris Investment Advisors LLC’s holdings, making the stock its largest holding. Polaris Investment Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $15,084,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Keenan LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $26,000. Decker Retirement Planning Inc. bought a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at about $29,000. GS Investments Inc. increased its stake in iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after purchasing an additional 20 shares in the last quarter. Palouse Capital Management Inc. purchased a new position in iShares Core S&P 500 ETF in the fourth quarter worth about $38,000. Finally, Imprint Wealth LLC purchased a new position in iShares Core S&P 500 ETF in the third quarter worth about $39,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 0.9%

NYSEARCA:IVV opened at $730.17 on Friday. The company’s 50 day moving average price is $738.65 and its 200-day moving average price is $702.45. iShares Core S&P 500 ETF has a 52 week low of $613.79 and a 52 week high of $764.00. The stock has a market cap of $806.29 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF 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.