Portland Financial Advisors Inc Takes Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Portland Financial Advisors Inc acquired a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,498 shares of the company’s stock, valued at approximately $882,000. iShares Core S&P 500 ETF makes up 2.4% of Portland Financial Advisors Inc’s investment portfolio, making the stock its 10th largest holding.

A number of other institutional investors have also recently made changes to their positions in the company. Daiwa Securities Group Inc. grew its position in iShares Core S&P 500 ETF by 35.9% in the third quarter. Daiwa Securities Group Inc. now owns 360,213 shares of the company’s stock worth $207,778,000 after acquiring an additional 95,234 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its stake in iShares Core S&P 500 ETF by 23.3% in the third quarter. Fifth Third Wealth Advisors LLC now owns 357,365 shares of the company’s stock worth $206,135,000 after purchasing an additional 67,472 shares during the last quarter. ORG Partners LLC lifted its stake in iShares Core S&P 500 ETF by 9.0% in the fourth quarter. ORG Partners LLC now owns 27,810 shares of the company’s stock worth $16,382,000 after purchasing an additional 2,289 shares during the last quarter. Meadow Creek Wealth Advisors LLC raised its stake in shares of iShares Core S&P 500 ETF by 5.7% during the fourth quarter. Meadow Creek Wealth Advisors LLC now owns 19,820 shares of the company’s stock valued at $11,668,000 after acquiring an additional 1,070 shares in the last quarter. Finally, Crewe Advisors LLC raised its position in iShares Core S&P 500 ETF by 6.3% during the 3rd quarter. Crewe Advisors LLC now owns 164,159 shares of the company’s stock valued at $94,690,000 after purchasing an additional 9,675 shares in the last quarter.

iShares Core S&P 500 ETF Trading Down 1.7 %

IVV opened at $602.87 on Monday. The business’s fifty day simple moving average is $601.14 and its 200-day simple moving average is $586.39. The company has a market capitalization of $520.22 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12-month low of $496.30 and a 12-month high of $616.22.

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.