Madison Investment Advisors LLC Acquires New Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Madison Investment Advisors LLC acquired a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 7,101 shares of the company’s stock, valued at approximately $4,180,000.

Other institutional investors have also recently bought and sold shares of the company. Daiwa Securities Group Inc. lifted its stake in iShares Core S&P 500 ETF by 35.9% in the third quarter. Daiwa Securities Group Inc. now owns 360,213 shares of the company’s stock valued at $207,778,000 after buying an additional 95,234 shares in the last quarter. Strategent Financial LLC bought a new position in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $416,000. ORG Partners LLC lifted its stake in iShares Core S&P 500 ETF by 9.0% in the fourth quarter. ORG Partners LLC now owns 27,810 shares of the company’s stock valued at $16,382,000 after buying an additional 2,289 shares in the last quarter. Meadow Creek Wealth Advisors LLC lifted its stake in iShares Core S&P 500 ETF by 5.7% in the fourth quarter. Meadow Creek Wealth Advisors LLC now owns 19,820 shares of the company’s stock valued at $11,668,000 after buying an additional 1,070 shares in the last quarter. Finally, Parkworth Wealth Management Inc. bought a new position in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $59,000.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $566.58 on Friday. iShares Core S&P 500 ETF has a twelve month low of $496.30 and a twelve month high of $616.22. The firm’s 50 day moving average price is $593.61 and its two-hundred day moving average price is $588.76. The firm has a market cap of $545.62 billion, a P/E ratio of 24.98 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.