Optivise Advisory Services LLC Buys Shares of 10,009 iShares Core S&P 500 ETF (NYSEARCA:IVV)

Optivise Advisory Services LLC purchased a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,009 shares of the company’s stock, valued at approximately $5,773,000. iShares Core S&P 500 ETF makes up about 3.0% of Optivise Advisory Services LLC’s portfolio, making the stock its 5th biggest holding.

Several other institutional investors also recently bought and sold shares of IVV. 1620 Investment Advisors Inc. bought a new stake in iShares Core S&P 500 ETF during the 2nd quarter valued at about $36,000. Cedar Wealth Management LLC grew its stake in shares of iShares Core S&P 500 ETF by 139.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after acquiring an additional 39 shares during the period. Kennebec Savings Bank purchased a new position in iShares Core S&P 500 ETF during the third quarter valued at $40,000. Covestor Ltd boosted its stake in iShares Core S&P 500 ETF by 321.1% during the first quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after buying an additional 61 shares during the last quarter. Finally, Peterson Financial Group Inc. bought a new position in iShares Core S&P 500 ETF during the third quarter valued at $46,000.

iShares Core S&P 500 ETF Trading Up 0.3 %

IVV stock opened at $598.47 on Friday. The company has a 50-day moving average price of $582.31 and a 200 day moving average price of $558.51. iShares Core S&P 500 ETF has a 12 month low of $455.41 and a 12 month high of $603.09. The stock has a market cap of $516.42 billion, a PE ratio of 25.23 and a beta of 0.99.

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.