Archvest Wealth Advisors Inc. Has $7.08 Million Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Archvest Wealth Advisors Inc. lifted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 42.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,027 shares of the company’s stock after purchasing an additional 3,598 shares during the quarter. iShares Core S&P 500 ETF makes up about 5.1% of Archvest Wealth Advisors Inc.’s investment portfolio, making the stock its 7th largest position. Archvest Wealth Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $7,080,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. SYM FINANCIAL Corp acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $30,000. Modus Advisors LLC bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at about $32,000. Ulland Investment Advisors LLC bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at about $32,000. Safe Harbor Fiduciary LLC acquired a new position in iShares Core S&P 500 ETF in the third quarter worth about $33,000. Finally, Cedar Wealth Management LLC lifted its stake in iShares Core S&P 500 ETF by 139.3% during the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after purchasing an additional 39 shares during the period.

iShares Core S&P 500 ETF Trading Up 0.7 %

NYSEARCA IVV opened at $607.75 on Tuesday. iShares Core S&P 500 ETF has a 1-year low of $493.07 and a 1-year high of $613.79. The stock’s 50 day moving average is $600.67 and its two-hundred day moving average is $581.29. The company has a market capitalization of $524.43 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

About iShares Core S&P 500 ETF

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.