Salus Financial Advisors LLC Purchases New Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Salus Financial Advisors LLC acquired a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 18,079 shares of the company’s stock, valued at approximately $10,643,000. iShares Core S&P 500 ETF accounts for 8.3% of Salus Financial Advisors LLC’s holdings, making the stock its 5th largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. SYM FINANCIAL Corp acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at about $30,000. Murphy & Mullick Capital Management Corp bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $30,000. Sellwood Investment Partners LLC bought a new position in iShares Core S&P 500 ETF in the fourth quarter worth $32,000. Ulland Investment Advisors LLC bought a new position in iShares Core S&P 500 ETF in the 4th quarter worth about $32,000. Finally, Investment Counsel Co. of Nevada purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth $33,000.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $597.04 on Friday. The stock has a market capitalization of $593.61 billion, a price-to-earnings ratio of 24.62 and a beta of 1.01. The business’s 50 day simple moving average is $554.05 and its 200-day simple moving average is $582.74. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year 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.