Valley Financial Group Inc. Has $24.79 Million Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Valley Financial Group Inc. increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,985 shares of the company’s stock after buying an additional 145 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 17.3% of Valley Financial Group Inc.’s investment portfolio, making the stock its biggest position. Valley Financial Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $24,794,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVV. 1620 Investment Advisors Inc. bought a new position in iShares Core S&P 500 ETF in the second quarter valued at approximately $36,000. Cedar Wealth Management LLC raised its holdings in shares of iShares Core S&P 500 ETF by 139.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after buying an additional 39 shares in the last quarter. Kennebec Savings Bank acquired a new stake in iShares Core S&P 500 ETF in the third quarter valued at about $40,000. Brooklyn Investment Group bought a new position in iShares Core S&P 500 ETF in the third quarter valued at about $42,000. Finally, Peterson Financial Group Inc. bought a new position in shares of iShares Core S&P 500 ETF in the third quarter worth about $46,000.

iShares Core S&P 500 ETF Trading Up 0.5 %

Shares of iShares Core S&P 500 ETF stock opened at $605.07 on Friday. The firm’s 50 day moving average is $585.69 and its 200 day moving average is $561.56. The firm has a market capitalization of $522.11 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1 year low of $455.41 and a 1 year high of $606.32.

About iShares Core S&P 500 ETF

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.