2,989 Shares in iShares Core S&P 500 ETF (NYSEARCA:IVV) Acquired by Arbor Wealth Advisors LLC

Arbor Wealth Advisors LLC acquired a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,989 shares of the company’s stock, valued at approximately $1,428,000. iShares Core S&P 500 ETF comprises approximately 1.5% of Arbor Wealth Advisors LLC’s portfolio, making the stock its 15th biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of IVV. Arvest Investments Inc. bought a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at $21,775,000. Stewardship Advisors LLC lifted its stake in iShares Core S&P 500 ETF by 33.2% in the fourth quarter. Stewardship Advisors LLC now owns 84,068 shares of the company’s stock worth $40,154,000 after acquiring an additional 20,951 shares during the period. Colonial River Wealth Management LLC bought a new position in iShares Core S&P 500 ETF during the 4th quarter worth about $2,596,000. Kathleen S. Wright Associates Inc. increased its position in iShares Core S&P 500 ETF by 4.6% during the 4th quarter. Kathleen S. Wright Associates Inc. now owns 4,714 shares of the company’s stock valued at $2,251,000 after purchasing an additional 207 shares during the period. Finally, Csenge Advisory Group raised its holdings in shares of iShares Core S&P 500 ETF by 7.3% in the 3rd quarter. Csenge Advisory Group now owns 48,155 shares of the company’s stock valued at $20,679,000 after purchasing an additional 3,256 shares in the last quarter.

iShares Core S&P 500 ETF Stock Up 1.2 %

Shares of NYSEARCA IVV traded up $5.93 during midday trading on Tuesday, reaching $508.05. 4,221,425 shares of the company’s stock traded hands, compared to its average volume of 5,913,192. The company has a market cap of $435.20 billion, a price-to-earnings ratio of 25.43 and a beta of 0.99. The stock’s 50 day simple moving average is $513.72 and its 200-day simple moving average is $480.45. iShares Core S&P 500 ETF has a one year low of $405.54 and a one year high of $527.16.

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.