Sovereign Investment Advisors LLC Buys 5,522 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Sovereign Investment Advisors LLC raised its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.7% during the fourth quarter, Holdings Channel reports. The firm owned 77,458 shares of the company’s stock after buying an additional 5,522 shares during the period. iShares Core S&P 500 ETF comprises 13.6% of Sovereign Investment Advisors LLC’s holdings, making the stock its biggest holding. Sovereign Investment Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $45,598,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Daiwa Securities Group Inc. boosted its holdings in iShares Core S&P 500 ETF by 35.9% during the third quarter. Daiwa Securities Group Inc. now owns 360,213 shares of the company’s stock valued at $207,778,000 after purchasing an additional 95,234 shares in the last quarter. Fifth Third Wealth Advisors LLC boosted its holdings in iShares Core S&P 500 ETF by 23.3% during the third quarter. Fifth Third Wealth Advisors LLC now owns 357,365 shares of the company’s stock valued at $206,135,000 after purchasing an additional 67,472 shares in the last quarter. Strategent Financial LLC acquired a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $416,000. ORG Partners LLC raised its stake in shares of iShares Core S&P 500 ETF by 9.0% in the fourth 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. Finally, Meadow Creek Wealth Advisors LLC raised its stake in shares of iShares Core S&P 500 ETF by 5.7% in the fourth 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 last quarter.

iShares Core S&P 500 ETF Trading Up 2.1 %

NYSEARCA:IVV opened at $565.56 on Friday. iShares Core S&P 500 ETF has a 1 year low of $496.30 and a 1 year high of $616.22. The firm has a 50 day moving average of $596.10 and a 200-day moving average of $588.84. The stock has a market capitalization of $544.63 billion, a P/E ratio of 24.98 and a beta of 1.01.

iShares Core S&P 500 ETF Company 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.