Cypress Financial Planning LLC Boosts Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Cypress Financial Planning LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 57.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 59,043 shares of the company’s stock after acquiring an additional 21,553 shares during the period. iShares Core S&P 500 ETF makes up 14.2% of Cypress Financial Planning LLC’s holdings, making the stock its 2nd biggest holding. Cypress Financial Planning LLC’s holdings in iShares Core S&P 500 ETF were worth $31,041,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of IVV. Eukles Asset Management raised its holdings in shares of iShares Core S&P 500 ETF by 126.9% during the fourth quarter. Eukles Asset Management now owns 59 shares of the company’s stock worth $28,000 after purchasing an additional 33 shares during the period. Burkett Financial Services LLC acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $31,000. Ables Iannone Moore & Associates Inc. bought a new stake in iShares Core S&P 500 ETF during the fourth quarter worth approximately $44,000. Evolution Advisers Inc. acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter worth approximately $48,000. Finally, Richardson Financial Services Inc. bought a new position in iShares Core S&P 500 ETF during the 4th quarter valued at $49,000.

iShares Core S&P 500 ETF Price Performance

Shares of IVV traded down $1.43 during midday trading on Monday, reaching $545.58. The stock had a trading volume of 3,856,736 shares, compared to its average volume of 5,369,390. The company has a market capitalization of $470.78 billion, a P/E ratio of 25.23 and a beta of 0.99. The firm’s 50 day moving average price is $526.21 and its 200-day moving average price is $507.74. iShares Core S&P 500 ETF has a 52 week low of $411.02 and a 52 week high of $551.29.

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.