Founders Financial Alliance LLC Grows Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Founders Financial Alliance LLC raised its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,229 shares of the company’s stock after buying an additional 373 shares during the quarter. Founders Financial Alliance LLC’s holdings in iShares Core S&P 500 ETF were worth $2,490,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. SYM FINANCIAL Corp purchased a new position in iShares Core S&P 500 ETF in the 4th quarter worth approximately $30,000. Modus Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth $32,000. Ulland Investment Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth $32,000. Safe Harbor Fiduciary LLC bought a new position in shares of iShares Core S&P 500 ETF during the third quarter valued at $33,000. Finally, Advantage Trust Co bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at $36,000.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $563.44 on Tuesday. iShares Core S&P 500 ETF has a one year low of $496.30 and a one year high of $616.22. The stock has a 50-day moving average of $598.50 and a 200 day moving average of $589.14. The company has a market capitalization of $560.43 billion, a price-to-earnings ratio of 26.66 and a beta of 1.01.

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.