LifePlan Investment Advisors Inc. Has $13.03 Million Stock Position in iShares Core S&P 500 ETF $IVV

LifePlan Investment Advisors Inc. boosted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 66.4% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,403 shares of the ETF’s stock after buying an additional 6,943 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 4.5% of LifePlan Investment Advisors Inc.’s holdings, making the stock its biggest position. LifePlan Investment Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $13,033,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Keenan LLC purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $26,000. Punch & Associates Investment Management Inc. boosted its holdings in iShares Core S&P 500 ETF by 50.0% in the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after purchasing an additional 14 shares during the last quarter. GS Investments Inc. boosted its holdings in iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after purchasing an additional 20 shares during the last quarter. Allied Private Wealth LLC purchased a new stake in iShares Core S&P 500 ETF in the second quarter worth approximately $33,000. Finally, Imprint Wealth LLC bought a new stake in iShares Core S&P 500 ETF in the 3rd quarter worth approximately $39,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 1.1%

Shares of IVV opened at $777.13 on Friday. The firm has a market cap of $902.68 billion, a PE ratio of 25.10 and a beta of 1.00. The firm has a fifty day simple moving average of $759.82 and a two-hundred day simple moving average of $726.66. iShares Core S&P 500 ETF has a 1-year low of $632.14 and a 1-year high of $783.09.

About iShares Core S&P 500 ETF

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.