Park Avenue Securities LLC Acquires 21,888 Shares of iShares Core S&P 500 ETF $IVV

Park Avenue Securities LLC raised its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 872,931 shares of the company’s stock after acquiring an additional 21,888 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 4.6% of Park Avenue Securities LLC’s investment portfolio, making the stock its largest holding. Park Avenue Securities LLC’s holdings in iShares Core S&P 500 ETF were worth $584,253,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Flaharty Asset Management LLC acquired a new stake in iShares Core S&P 500 ETF in the first quarter valued at approximately $28,000. Nvwm LLC increased its position in shares of iShares Core S&P 500 ETF by 210.5% in the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after purchasing an additional 40 shares during the last quarter. Hager Investment Management Services LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at $61,000. Rice Partnership LLC raised its holdings in shares of iShares Core S&P 500 ETF by 460.0% in the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after purchasing an additional 92 shares in the last quarter. Finally, Creative Capital Management Investments LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 2nd quarter worth $80,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.0%

Shares of IVV stock opened at $692.55 on Friday. The company has a market cap of $767.00 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm has a fifty day moving average price of $682.93 and a 200 day moving average price of $660.76. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $697.02.

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. 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.