PKS Advisory Services LLC Invests $42.32 Million in iShares Core S&P 500 ETF (NYSEARCA:IVV)

PKS Advisory Services LLC purchased a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 71,896 shares of the company’s stock, valued at approximately $42,324,000. iShares Core S&P 500 ETF accounts for about 11.4% of PKS Advisory Services LLC’s holdings, making the stock its largest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IVV. Arvest Bank Trust Division acquired a new position in iShares Core S&P 500 ETF during the third quarter worth $102,003,000. United Bank increased its stake in iShares Core S&P 500 ETF by 22.2% during the 3rd quarter. United Bank now owns 1,079 shares of the company’s stock worth $622,000 after purchasing an additional 196 shares in the last quarter. SevenBridge Financial Group LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 25.5% in the third quarter. SevenBridge Financial Group LLC now owns 576 shares of the company’s stock valued at $347,000 after purchasing an additional 117 shares in the last quarter. Bank of Hawaii increased its stake in iShares Core S&P 500 ETF by 0.5% in the 3rd quarter. Bank of Hawaii now owns 233,656 shares of the company’s stock valued at $134,777,000 after buying an additional 1,159 shares during the last quarter. Finally, Prosperity Financial Group Inc. grew its stake in shares of iShares Core S&P 500 ETF by 11.0% in the third quarter. Prosperity Financial Group Inc. now owns 1,190 shares of the company’s stock valued at $686,000 after buying an additional 118 shares in the last quarter.

iShares Core S&P 500 ETF Trading Up 1.8 %

IVV opened at $576.72 on Tuesday. iShares Core S&P 500 ETF has a 1-year low of $496.30 and a 1-year high of $616.22. The stock has a market cap of $555.38 billion, a PE ratio of 24.98 and a beta of 1.01. The stock’s fifty day simple moving average is $593.46 and its 200 day simple moving average is $589.41.

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.