iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Bought by Orrstown Financial Services Inc.

Orrstown Financial Services Inc. lifted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 8.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 102,904 shares of the company’s stock after buying an additional 7,806 shares during the period. iShares Core S&P 500 ETF comprises 16.3% of Orrstown Financial Services Inc.’s holdings, making the stock its largest position. Orrstown Financial Services Inc.’s holdings in iShares Core S&P 500 ETF were worth $60,578,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Modus Advisors LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth $32,000. Ulland Investment Advisors LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $32,000. Safe Harbor Fiduciary LLC bought a new stake in shares of iShares Core S&P 500 ETF in the third quarter valued at about $33,000. Cedar Wealth Management LLC boosted its position in shares of iShares Core S&P 500 ETF by 139.3% during the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after buying an additional 39 shares during the period. Finally, Kennebec Savings Bank bought a new position in shares of iShares Core S&P 500 ETF during the third quarter worth about $40,000.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $604.66 on Friday. iShares Core S&P 500 ETF has a 52-week low of $485.19 and a 52-week high of $613.79. The business’s 50 day simple moving average is $600.30 and its 200 day simple moving average is $578.97. The firm has a market cap of $521.76 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.