Sierra Ocean LLC Invests $1.58 Million in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Sierra Ocean LLC bought a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, HoldingsChannel reports. The fund bought 2,679 shares of the company’s stock, valued at approximately $1,577,000. iShares Core S&P 500 ETF makes up approximately 1.3% of Sierra Ocean LLC’s portfolio, making the stock its 15th largest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. WBH Advisory Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 17.9% in the fourth quarter. WBH Advisory Inc. now owns 34,351 shares of the company’s stock worth $20,222,000 after buying an additional 5,223 shares in the last quarter. JFS Wealth Advisors LLC lifted its position in iShares Core S&P 500 ETF by 2.7% during the fourth quarter. JFS Wealth Advisors LLC now owns 71,678 shares of the company’s stock valued at $42,195,000 after purchasing an additional 1,853 shares during the period. Keystone Financial Services lifted its position in iShares Core S&P 500 ETF by 1.0% during the fourth quarter. Keystone Financial Services now owns 83,764 shares of the company’s stock valued at $49,310,000 after purchasing an additional 843 shares during the period. Pinnacle Wealth Management Advisory Group LLC lifted its position in iShares Core S&P 500 ETF by 2.1% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 46,634 shares of the company’s stock valued at $27,453,000 after purchasing an additional 976 shares during the period. Finally, Opes Wealth Management LLC lifted its position in iShares Core S&P 500 ETF by 224.1% during the fourth quarter. Opes Wealth Management LLC now owns 1,316 shares of the company’s stock valued at $775,000 after purchasing an additional 910 shares during the period.

iShares Core S&P 500 ETF Trading Up 0.0 %

Shares of IVV stock opened at $612.68 on Tuesday. iShares Core S&P 500 ETF has a 12 month low of $495.94 and a 12 month high of $613.93. The stock has a market cap of $528.68 billion, a P/E ratio of 25.23 and a beta of 0.99. The company has a 50 day simple moving average of $600.72 and a two-hundred day simple moving average of $583.50.

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.