PKS Advisory Services LLC Purchases Shares of 71,896 iShares Core S&P 500 ETF (NYSEARCA:IVV)

PKS Advisory Services LLC acquired a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 71,896 shares of the company’s stock, valued at approximately $42,324,000. iShares Core S&P 500 ETF accounts for 11.4% of PKS Advisory Services LLC’s investment portfolio, making the stock its largest position.

A number of other hedge funds also recently modified their holdings of IVV. M Holdings Securities Inc. bought a new stake in iShares Core S&P 500 ETF in the 4th quarter worth approximately $35,343,000. Strategent Financial LLC bought a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $416,000. ORG Partners LLC grew its position in iShares Core S&P 500 ETF by 9.0% during the 4th quarter. ORG Partners LLC now owns 27,810 shares of the company’s stock valued at $16,382,000 after purchasing an additional 2,289 shares during the last quarter. Meadow Creek Wealth Advisors LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 5.7% during the fourth quarter. Meadow Creek Wealth Advisors LLC now owns 19,820 shares of the company’s stock valued at $11,668,000 after purchasing an additional 1,070 shares in the last quarter. Finally, Parkworth Wealth Management Inc. bought a new stake in iShares Core S&P 500 ETF in the 4th quarter worth approximately $59,000.

iShares Core S&P 500 ETF Stock Up 1.8 %

Shares of IVV opened at $576.72 on Tuesday. The business has a 50-day simple moving average of $593.46 and a two-hundred day simple moving average of $589.41. The stock has a market cap of $555.38 billion, a price-to-earnings ratio of 24.98 and a beta of 1.01. iShares Core S&P 500 ETF has a 52 week low of $496.30 and a 52 week high of $616.22.

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.