iShares Core S&P 500 ETF $IVV Position Boosted by Orion Porfolio Solutions LLC

Orion Porfolio Solutions LLC raised its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 17.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 446,709 shares of the company’s stock after acquiring an additional 65,653 shares during the period. iShares Core S&P 500 ETF comprises about 2.3% of Orion Porfolio Solutions LLC’s portfolio, making the stock its 2nd largest holding. Orion Porfolio Solutions LLC’s holdings in iShares Core S&P 500 ETF were worth $298,983,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IVV. Leeward Financial Partners LLC boosted its holdings in iShares Core S&P 500 ETF by 0.9% during the 3rd quarter. Leeward Financial Partners LLC now owns 5,880 shares of the company’s stock valued at $3,935,000 after acquiring an additional 51 shares during the period. Mann Financial Group Inc. bought a new stake in iShares Core S&P 500 ETF in the third quarter valued at approximately $38,523,000. Advisory Alpha LLC boosted its stake in shares of iShares Core S&P 500 ETF by 1.2% during the third quarter. Advisory Alpha LLC now owns 2,877 shares of the company’s stock valued at $1,936,000 after purchasing an additional 33 shares during the period. IFG Advisory LLC grew its holdings in shares of iShares Core S&P 500 ETF by 2.8% in the third quarter. IFG Advisory LLC now owns 16,282 shares of the company’s stock worth $10,897,000 after purchasing an additional 451 shares during the last quarter. Finally, Twin Focus Capital Partners LLC grew its holdings in shares of iShares Core S&P 500 ETF by 6.1% in the third quarter. Twin Focus Capital Partners LLC now owns 13,546 shares of the company’s stock worth $9,066,000 after purchasing an additional 773 shares during the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Stock Up 0.7%

NYSEARCA:IVV opened at $688.28 on Thursday. The firm has a market capitalization of $756.56 billion, a P/E ratio of 25.10 and a beta of 1.00. The company has a fifty day moving average of $691.39 and a 200 day moving average of $677.76. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $700.97.

iShares Core S&P 500 ETF 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.