Affinity Capital Advisors LLC Has $53 Million Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Affinity Capital Advisors LLC lifted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 89,593 shares of the company’s stock after purchasing an additional 5,850 shares during the period. iShares Core S&P 500 ETF accounts for approximately 10.0% of Affinity Capital Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. Affinity Capital Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $53,000,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of IVV. Modus Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth $32,000. Safe Harbor Fiduciary LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter worth $33,000. Cedar Wealth Management LLC boosted its stake in shares of iShares Core S&P 500 ETF by 139.3% in the 3rd 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 purchased a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter worth $40,000. Finally, Brooklyn Investment Group purchased a new position in iShares Core S&P 500 ETF during the third quarter valued at $42,000.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $584.99 on Wednesday. The company has a market capitalization of $504.79 billion, a PE ratio of 25.23 and a beta of 0.99. The business’s fifty day moving average is $598.35 and its 200 day moving average is $575.28. iShares Core S&P 500 ETF has a fifty-two week low of $472.11 and a fifty-two week high of $612.09.

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.