Financial Advisory Corp Has $126.19 Million Position in iShares Core S&P 500 ETF $IVV

Financial Advisory Corp lessened its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 184,231 shares of the company’s stock after selling 2,880 shares during the quarter. iShares Core S&P 500 ETF comprises about 18.4% of Financial Advisory Corp’s investment portfolio, making the stock its largest holding. Financial Advisory Corp’s holdings in iShares Core S&P 500 ETF were worth $126,187,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Stone Summit Wealth LLC increased its holdings in iShares Core S&P 500 ETF by 0.6% in the fourth quarter. Stone Summit Wealth LLC now owns 11,491 shares of the company’s stock valued at $7,871,000 after purchasing an additional 69 shares during the last quarter. Richards Merrill & Peterson Inc. increased its holdings in iShares Core S&P 500 ETF by 10.9% in the fourth quarter. Richards Merrill & Peterson Inc. now owns 541 shares of the company’s stock valued at $371,000 after purchasing an additional 53 shares during the last quarter. Autumn Glory Partners LLC increased its holdings in iShares Core S&P 500 ETF by 41.5% in the fourth quarter. Autumn Glory Partners LLC now owns 2,179 shares of the company’s stock valued at $1,492,000 after purchasing an additional 639 shares during the last quarter. 55 North Private Wealth LLC bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at about $658,000. Finally, Smith Salley Wealth Management increased its holdings in iShares Core S&P 500 ETF by 1.0% in the fourth quarter. Smith Salley Wealth Management now owns 3,116 shares of the company’s stock valued at $2,134,000 after purchasing an additional 31 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 1.0%

NYSEARCA IVV opened at $714.56 on Thursday. The stock has a 50-day simple moving average of $678.26 and a 200 day simple moving average of $681.99. The company has a market capitalization of $784.87 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $536.37 and a 12 month high of $715.66.

iShares Core S&P 500 ETF Company Profile

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.