Claro Advisors LLC Buys 2,071 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Claro Advisors LLC increased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 18.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,559 shares of the company’s stock after purchasing an additional 2,071 shares during the quarter. iShares Core S&P 500 ETF makes up about 1.2% of Claro Advisors LLC’s portfolio, making the stock its 15th biggest position. Claro Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $7,420,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of IVV. Burkett Financial Services LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth approximately $31,000. 1620 Investment Advisors Inc. purchased a new stake in iShares Core S&P 500 ETF during the second quarter worth $36,000. Thompson Investment Management Inc. bought a new stake in iShares Core S&P 500 ETF during the 1st quarter valued at $37,000. Covestor Ltd raised its position in shares of iShares Core S&P 500 ETF by 321.1% in the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after acquiring an additional 61 shares in the last quarter. Finally, Ables Iannone Moore & Associates Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth $44,000.

iShares Core S&P 500 ETF Stock Performance

IVV traded up $5.30 on Friday, hitting $566.75. The company had a trading volume of 3,016,147 shares, compared to its average volume of 5,002,234. The stock has a market capitalization of $489.05 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The stock has a fifty day moving average price of $551.83 and a 200-day moving average price of $531.63. iShares Core S&P 500 ETF has a 12-month low of $411.02 and a 12-month high of $568.24.

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.