Prospera Financial Services Inc Buys 1,517 Shares of iShares Core S&P 500 ETF $IVV

Prospera Financial Services Inc lifted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 80,570 shares of the company’s stock after purchasing an additional 1,517 shares during the period. iShares Core S&P 500 ETF accounts for 0.9% of Prospera Financial Services Inc’s holdings, making the stock its 16th biggest position. Prospera Financial Services Inc’s holdings in iShares Core S&P 500 ETF were worth $55,233,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. bought a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $29,000. Palouse Capital Management Inc. bought a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $38,000. Imprint Wealth LLC bought a new stake in iShares Core S&P 500 ETF during the third quarter valued at approximately $39,000. Dorato Capital Management bought a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $55,000. Finally, EQ Wealth Advisors LLC bought a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $55,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Trading Up 0.4%

Shares of NYSEARCA IVV opened at $749.14 on Friday. The firm has a 50 day moving average of $697.42 and a 200 day moving average of $690.27. The firm has a market capitalization of $827.24 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $578.31 and a 12-month high of $753.02.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.