Scarborough Advisors LLC Purchases New Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Scarborough Advisors LLC acquired a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 246 shares of the company’s stock, valued at approximately $118,000.

Other hedge funds have also modified their holdings of the company. Apollon Wealth Management LLC lifted its stake in shares of iShares Core S&P 500 ETF by 16.0% in the 4th quarter. Apollon Wealth Management LLC now owns 92,727 shares of the company’s stock valued at $44,289,000 after purchasing an additional 12,771 shares during the last quarter. Arvest Investments Inc. bought a new position in iShares Core S&P 500 ETF during the fourth quarter valued at $21,775,000. Stewardship Advisors LLC raised its stake in shares of iShares Core S&P 500 ETF by 33.2% in the fourth quarter. Stewardship Advisors LLC now owns 84,068 shares of the company’s stock valued at $40,154,000 after acquiring an additional 20,951 shares during the period. Commerce Bank raised its stake in shares of iShares Core S&P 500 ETF by 1.0% in the fourth quarter. Commerce Bank now owns 229,156 shares of the company’s stock valued at $109,452,000 after acquiring an additional 2,285 shares during the period. Finally, Family Asset Management LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 0.9% in the 4th quarter. Family Asset Management LLC now owns 3,040 shares of the company’s stock worth $1,452,000 after acquiring an additional 27 shares during the last quarter.

iShares Core S&P 500 ETF Trading Up 0.8 %

Shares of NYSEARCA:IVV opened at $548.21 on Tuesday. iShares Core S&P 500 ETF has a 12 month low of $411.02 and a 12 month high of $549.59. The company has a market capitalization of $473.05 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The firm’s 50-day moving average is $523.00 and its 200 day moving average is $504.62.

iShares Core S&P 500 ETF Company 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.