Sovran Advisors LLC Acquires Shares of 64,068 iShares Core S&P 500 ETF (NYSEARCA:IVV)

Sovran Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 64,068 shares of the company’s stock, valued at approximately $37,479,000. iShares Core S&P 500 ETF makes up about 5.3% of Sovran Advisors LLC’s holdings, making the stock its biggest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IVV. SYM FINANCIAL Corp purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $30,000. Modus Advisors LLC bought a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $32,000. Ulland Investment Advisors LLC purchased a new position in iShares Core S&P 500 ETF in the fourth quarter valued at about $32,000. Safe Harbor Fiduciary LLC bought a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $33,000. Finally, Cedar Wealth Management LLC increased its stake 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 purchasing an additional 39 shares during the last quarter.

iShares Core S&P 500 ETF Trading Down 0.3 %

NYSEARCA:IVV opened at $606.21 on Thursday. iShares Core S&P 500 ETF has a 12 month low of $493.07 and a 12 month high of $613.79. The firm’s 50 day moving average is $600.72 and its 200 day moving average is $582.19. The stock has a market capitalization of $523.10 billion, a PE ratio of 25.23 and a beta of 0.99.

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.