Fairman Group LLC Grows Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Fairman Group LLC increased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 24,990 shares of the company’s stock after purchasing an additional 1,091 shares during the quarter. iShares Core S&P 500 ETF accounts for about 12.1% of Fairman Group LLC’s holdings, making the stock its 2nd biggest position. Fairman Group LLC’s holdings in iShares Core S&P 500 ETF were worth $14,711,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Balboa Wealth Partners boosted its position in iShares Core S&P 500 ETF by 1.3% during the 3rd quarter. Balboa Wealth Partners now owns 1,292 shares of the company’s stock worth $745,000 after buying an additional 17 shares during the period. TruWealth Advisors LLC boosted its position in iShares Core S&P 500 ETF by 2.0% during the 3rd quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock worth $534,000 after buying an additional 18 shares during the period. Lewis Asset Management LLC boosted its position in iShares Core S&P 500 ETF by 2.9% during the 3rd quarter. Lewis Asset Management LLC now owns 631 shares of the company’s stock worth $364,000 after buying an additional 18 shares during the period. Hassell Wealth Management LLC boosted its position in iShares Core S&P 500 ETF by 2.6% during the 3rd quarter. Hassell Wealth Management LLC now owns 700 shares of the company’s stock worth $400,000 after buying an additional 18 shares during the period. Finally, Sandbox Financial Partners LLC boosted its position in iShares Core S&P 500 ETF by 1.1% during the 4th quarter. Sandbox Financial Partners LLC now owns 1,654 shares of the company’s stock worth $974,000 after buying an additional 18 shares during the period.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $612.67 on Friday. The company has a market cap of $528.67 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a one year low of $495.94 and a one year high of $613.79. The firm’s 50 day simple moving average is $600.63 and its 200 day simple moving average is $582.36.

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.