Private Advisor Group LLC Acquires 19,675 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Private Advisor Group LLC lifted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.4% in the second quarter, HoldingsChannel.com reports. The fund owned 328,377 shares of the company’s stock after acquiring an additional 19,675 shares during the period. iShares Core S&P 500 ETF makes up 1.2% of Private Advisor Group LLC’s investment portfolio, making the stock its 11th largest position. Private Advisor Group LLC’s holdings in iShares Core S&P 500 ETF were worth $179,678,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Burkett Financial Services LLC purchased a new stake in iShares Core S&P 500 ETF in the fourth quarter worth $31,000. 1620 Investment Advisors Inc. purchased a new stake in iShares Core S&P 500 ETF in the 2nd quarter worth about $36,000. Thompson Investment Management Inc. bought a new stake in iShares Core S&P 500 ETF in the 1st quarter valued at about $37,000. Covestor Ltd raised its stake in iShares Core S&P 500 ETF by 321.1% in the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after acquiring an additional 61 shares during the period. Finally, Ables Iannone Moore & Associates Inc. purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at about $44,000.

iShares Core S&P 500 ETF Stock Down 1.7 %

IVV opened at $543.38 on Friday. The firm has a 50-day moving average price of $552.50 and a 200-day moving average price of $533.24. iShares Core S&P 500 ETF has a twelve month low of $411.02 and a twelve month high of $568.24. The company has a market capitalization of $468.88 billion, a price-to-earnings 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.