Cornerstone Advisors LLC Makes New Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Cornerstone Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 14,300 shares of the company’s stock, valued at approximately $8,249,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Balboa Wealth Partners grew its holdings in shares of iShares Core S&P 500 ETF by 1.3% during the third quarter. Balboa Wealth Partners now owns 1,292 shares of the company’s stock valued at $745,000 after buying an additional 17 shares in the last quarter. Proffitt & Goodson Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 21.2% during the 2nd quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock worth $56,000 after buying an additional 18 shares during the period. TruWealth Advisors LLC raised its holdings in iShares Core S&P 500 ETF by 2.0% in the 3rd quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock worth $534,000 after acquiring an additional 18 shares during the period. Lewis Asset Management LLC lifted its position in iShares Core S&P 500 ETF by 2.9% during the 3rd quarter. Lewis Asset Management LLC now owns 631 shares of the company’s stock worth $364,000 after acquiring an additional 18 shares during the last quarter. Finally, Hassell Wealth Management LLC grew its position in shares of iShares Core S&P 500 ETF by 2.6% in the third quarter. Hassell Wealth Management LLC now owns 700 shares of the company’s stock valued at $400,000 after purchasing an additional 18 shares during the last quarter.

iShares Core S&P 500 ETF Stock Up 0.0 %

Shares of NYSEARCA:IVV opened at $593.44 on Thursday. The business has a 50 day moving average price of $580.94 and a 200 day moving average price of $557.68. The company has a market cap of $512.08 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a twelve month low of $454.06 and a twelve month high of $603.09.

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.