Pinion Investment Advisors LLC Purchases 618 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Pinion Investment Advisors LLC lifted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 30.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,638 shares of the company’s stock after buying an additional 618 shares during the quarter. iShares Core S&P 500 ETF makes up 0.7% of Pinion Investment Advisors LLC’s holdings, making the stock its 24th largest holding. Pinion Investment Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $1,444,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Clear Investment Research LLC increased its holdings in iShares Core S&P 500 ETF by 2.5% during the second quarter. Clear Investment Research LLC now owns 16,341 shares of the company’s stock valued at $8,942,000 after buying an additional 394 shares during the period. Element Capital Management LLC bought a new stake in iShares Core S&P 500 ETF during the 2nd quarter valued at $697,734,000. Williams Financial LLC bought a new stake in iShares Core S&P 500 ETF during the 2nd quarter valued at $1,348,000. J.W. Cole Advisors Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 2.7% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 89,350 shares of the company’s stock valued at $48,895,000 after acquiring an additional 2,326 shares during the period. Finally, Prosperity Consulting Group LLC raised its position in shares of iShares Core S&P 500 ETF by 7.6% in the 2nd quarter. Prosperity Consulting Group LLC now owns 110,788 shares of the company’s stock worth $60,627,000 after acquiring an additional 7,848 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $565.05 on Friday. The stock’s 50-day moving average is $552.88 and its 200 day moving average is $535.21. iShares Core S&P 500 ETF has a 1-year low of $411.02 and a 1-year high of $568.24. The company has a market cap of $487.58 billion, a P/E 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.