Milestone Asset Management Group LLC Purchases New Shares in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Milestone Asset Management Group LLC purchased a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, HoldingsChannel reports. The firm purchased 6,631 shares of the company’s stock, valued at approximately $3,903,000. iShares Core S&P 500 ETF makes up 3.5% of Milestone Asset Management Group LLC’s portfolio, making the stock its 5th largest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Family Management Corp grew its position in shares of iShares Core S&P 500 ETF by 6.4% in the fourth quarter. Family Management Corp now owns 4,444 shares of the company’s stock valued at $2,616,000 after purchasing an additional 266 shares during the period. M Holdings Securities Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $35,343,000. Michels Family Financial LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $3,885,000. Dunhill Financial LLC grew its position in shares of iShares Core S&P 500 ETF by 107.7% in the fourth quarter. Dunhill Financial LLC now owns 783 shares of the company’s stock valued at $461,000 after purchasing an additional 406 shares during the period. Finally, Strategent Financial LLC purchased a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $416,000.

iShares Core S&P 500 ETF Trading Down 0.6%

NYSEARCA:IVV opened at $590.44 on Thursday. The company’s 50-day moving average price is $558.04 and its 200-day moving average price is $583.01. The company has a market cap of $587.04 billion, a P/E ratio of 24.62 and a beta of 1.01. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $616.22.

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.