Avantax Advisory Services Inc. Buys 12,229 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Avantax Advisory Services Inc. lifted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,791,134 shares of the company’s stock after acquiring an additional 12,229 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 6.6% of Avantax Advisory Services Inc.’s investment portfolio, making the stock its 2nd largest position. Avantax Advisory Services Inc. owned approximately 0.21% of iShares Core S&P 500 ETF worth $1,054,405,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Nisa Investment Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $5,813,061,000. Wealthfront Advisers LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 553,404.4% during the fourth quarter. Wealthfront Advisers LLC now owns 8,535,038 shares of the company’s stock worth $5,024,406,000 after acquiring an additional 8,533,496 shares during the period. Proficio Capital Partners LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 40,255.6% during the fourth quarter. Proficio Capital Partners LLC now owns 8,128,820 shares of the company’s stock worth $4,785,274,000 after acquiring an additional 8,108,677 shares during the period. Raymond James Financial Inc. bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $2,428,403,000. Finally, Alberta Investment Management Corp boosted its holdings in shares of iShares Core S&P 500 ETF by 121.2% during the fourth quarter. Alberta Investment Management Corp now owns 5,660,361 shares of the company’s stock worth $3,332,141,000 after acquiring an additional 3,101,389 shares during the period.

iShares Core S&P 500 ETF Trading Down 0.9 %

Shares of IVV stock opened at $558.64 on Wednesday. iShares Core S&P 500 ETF has a 1 year low of $496.30 and a 1 year high of $616.22. The stock has a market cap of $555.65 billion, a P/E ratio of 26.66 and a beta of 1.01. The stock has a 50 day simple moving average of $597.89 and a 200 day simple moving average of $589.10.

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.