Pillar Wealth Advisors LLC Raises Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Pillar Wealth Advisors LLC lifted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 16.2% during the first quarter, Holdings Channel reports. The fund owned 10,522 shares of the company’s stock after acquiring an additional 1,468 shares during the quarter. iShares Core S&P 500 ETF accounts for 4.2% of Pillar Wealth Advisors LLC’s holdings, making the stock its 7th largest position. Pillar Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $5,532,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in IVV. GUNN & Co INVESTMENT MANAGEMENT INC. bought a new position in iShares Core S&P 500 ETF in the 3rd quarter worth approximately $1,960,000. Deutsche Bank AG increased its position in iShares Core S&P 500 ETF by 2.7% in the 3rd quarter. Deutsche Bank AG now owns 119,823 shares of the company’s stock worth $51,456,000 after buying an additional 3,121 shares during the period. American Century Companies Inc. increased its position in iShares Core S&P 500 ETF by 2.7% in the 3rd quarter. American Century Companies Inc. now owns 31,580 shares of the company’s stock worth $13,561,000 after buying an additional 832 shares during the period. B. Riley Wealth Advisors Inc. increased its position in iShares Core S&P 500 ETF by 6.1% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 264,663 shares of the company’s stock worth $114,178,000 after buying an additional 15,225 shares during the period. Finally, Fragasso Group Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 29.0% during the 3rd quarter. Fragasso Group Inc. now owns 433,343 shares of the company’s stock worth $186,090,000 after purchasing an additional 97,290 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV traded up $3.58 during trading on Friday, hitting $563.04. 2,778,460 shares of the stock were exchanged, compared to its average volume of 5,253,595. iShares Core S&P 500 ETF has a 1-year low of $411.02 and a 1-year high of $566.72. The company has a market capitalization of $485.85 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The company’s fifty day simple moving average is $539.78 and its 200-day simple moving average is $515.26.

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.