Pacific Financial Group Inc. Purchases 2,237 Shares of iShares Core S&P 500 ETF $IVV

Pacific Financial Group Inc. boosted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 34,922 shares of the company’s stock after purchasing an additional 2,237 shares during the quarter. iShares Core S&P 500 ETF accounts for 13.3% of Pacific Financial Group Inc.’s holdings, making the stock its largest holding. Pacific Financial Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $23,919,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. acquired a new position in iShares Core S&P 500 ETF in the fourth quarter valued at $29,000. GS Investments Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after purchasing an additional 20 shares in the last quarter. Palouse Capital Management Inc. acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $38,000. Imprint Wealth LLC acquired a new position in shares of iShares Core S&P 500 ETF during the third quarter worth about $39,000. Finally, Dorato Capital Management acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $55,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $752.01 on Wednesday. The stock’s 50-day moving average is $729.22 and its two-hundred day moving average is $699.45. The stock has a market cap of $830.41 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $594.71 and a 12 month high of $764.00.

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.