Define Financial LLC Invests $248,000 in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Define Financial LLC bought a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 421 shares of the company’s stock, valued at approximately $248,000. iShares Core S&P 500 ETF makes up 0.2% of Define Financial LLC’s holdings, making the stock its 27th largest position.

A number of other hedge funds have also recently modified their holdings of the stock. Compass Ion Advisors LLC increased its position in iShares Core S&P 500 ETF by 27.5% during the third quarter. Compass Ion Advisors LLC now owns 10,567 shares of the company’s stock worth $6,096,000 after buying an additional 2,278 shares during the period. Bluesphere Advisors LLC grew its position in shares of iShares Core S&P 500 ETF by 1.8% during the third quarter. Bluesphere Advisors LLC now owns 77,786 shares of the company’s stock worth $44,869,000 after acquiring an additional 1,405 shares during the last quarter. Mark Sheptoff Financial Planning LLC increased its holdings in shares of iShares Core S&P 500 ETF by 63.7% in the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 928 shares of the company’s stock valued at $508,000 after acquiring an additional 361 shares during the period. Sompo Asset Management Co. Ltd. raised its position in iShares Core S&P 500 ETF by 102.4% in the 2nd quarter. Sompo Asset Management Co. Ltd. now owns 3,595 shares of the company’s stock valued at $1,967,000 after purchasing an additional 1,819 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its stake in iShares Core S&P 500 ETF by 35.9% during the 3rd quarter. Daiwa Securities Group Inc. now owns 360,213 shares of the company’s stock worth $207,778,000 after purchasing an additional 95,234 shares during the period.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $595.63 on Thursday. The firm’s fifty day moving average is $598.35 and its two-hundred day moving average is $575.28. iShares Core S&P 500 ETF has a one year low of $472.11 and a one year high of $612.09. The firm has a market cap of $513.97 billion, a PE ratio of 25.23 and a beta of 0.99.

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.