Lowe Wealth Advisors LLC Buys 224 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Lowe Wealth Advisors LLC lifted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 248.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 314 shares of the company’s stock after buying an additional 224 shares during the period. Lowe Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $185,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of IVV. Modus Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at $32,000. Safe Harbor Fiduciary LLC acquired a new position in iShares Core S&P 500 ETF in the third quarter valued at about $33,000. Cedar Wealth Management LLC grew its stake in iShares Core S&P 500 ETF by 139.3% during the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after buying an additional 39 shares during the last quarter. Kennebec Savings Bank acquired a new stake in shares of iShares Core S&P 500 ETF during the third quarter worth approximately $40,000. Finally, Brooklyn Investment Group bought a new position in shares of iShares Core S&P 500 ETF in the third quarter valued at approximately $42,000.

iShares Core S&P 500 ETF Price Performance

Shares of IVV traded down $8.86 on Friday, hitting $583.33. The company’s stock had a trading volume of 5,872,882 shares, compared to its average volume of 5,518,902. The company has a 50 day moving average price of $597.81 and a 200 day moving average price of $574.14. iShares Core S&P 500 ETF has a fifty-two week low of $472.11 and a fifty-two week high of $612.09. The company has a market capitalization of $503.36 billion, a PE ratio of 25.23 and a beta of 0.99.

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.