Highland Financial Advisors LLC Takes $322,000 Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Highland Financial Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the third quarter, Holdings Channel.com reports. The fund bought 559 shares of the company’s stock, valued at approximately $322,000.

Several other hedge funds have also recently added to or reduced their stakes in IVV. Cary Street Partners Asset Management LLC lifted its position in shares of iShares Core S&P 500 ETF by 75.5% during the 3rd quarter. Cary Street Partners Asset Management LLC now owns 1,227 shares of the company’s stock worth $708,000 after purchasing an additional 528 shares during the last quarter. Clarity Capital Partners LLC raised its stake in iShares Core S&P 500 ETF by 5.1% in the third quarter. Clarity Capital Partners LLC now owns 2,027 shares of the company’s stock valued at $1,169,000 after buying an additional 99 shares in the last quarter. Greenwood Capital Associates LLC raised its stake in iShares Core S&P 500 ETF by 7.0% in the third quarter. Greenwood Capital Associates LLC now owns 47,578 shares of the company’s stock valued at $27,444,000 after buying an additional 3,127 shares in the last quarter. Madden Advisory Services Inc. boosted its position in shares of iShares Core S&P 500 ETF by 23.4% during the 3rd quarter. Madden Advisory Services Inc. now owns 1,568 shares of the company’s stock worth $905,000 after acquiring an additional 297 shares in the last quarter. Finally, FSM Wealth Advisors LLC boosted its position in shares of iShares Core S&P 500 ETF by 5.1% during the 3rd quarter. FSM Wealth Advisors LLC now owns 4,662 shares of the company’s stock worth $2,689,000 after acquiring an additional 228 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $572.57 on Tuesday. The stock’s 50-day simple moving average is $571.88 and its 200-day simple moving average is $550.60. The firm has a market capitalization of $494.07 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a fifty-two week low of $435.37 and a fifty-two week high of $588.93.

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.