Steel Grove Capital Advisors LLC Grows Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Steel Grove Capital Advisors LLC raised its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 28,189 shares of the company’s stock after acquiring an additional 617 shares during the period. iShares Core S&P 500 ETF makes up about 2.3% of Steel Grove Capital Advisors LLC’s investment portfolio, making the stock its 8th largest position. Steel Grove Capital Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $16,594,000 as of its most recent filing with the Securities & Exchange Commission.

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

iShares Core S&P 500 ETF Stock Down 2.3 %

Shares of IVV opened at $516.38 on Tuesday. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $616.22. The stock has a market capitalization of $521.54 billion, a P/E ratio of 23.43 and a beta of 1.01. The firm has a fifty day simple moving average of $564.90 and a two-hundred day simple moving average of $584.94.

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.