Southern Capital Advisors LLC Buys 643 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Southern Capital Advisors LLC boosted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 34,737 shares of the company’s stock after buying an additional 643 shares during the quarter. iShares Core S&P 500 ETF accounts for 11.3% of Southern Capital Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. Southern Capital Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $20,449,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the stock. Modus Advisors LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $32,000. Ulland Investment Advisors LLC bought a new stake in iShares Core S&P 500 ETF during the fourth quarter worth $32,000. Safe Harbor Fiduciary LLC acquired a new stake in iShares Core S&P 500 ETF in the third quarter valued at $33,000. Cedar Wealth Management LLC grew its position in shares of iShares Core S&P 500 ETF by 139.3% in the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after acquiring an additional 39 shares during the period. Finally, Kennebec Savings Bank acquired a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter worth about $40,000.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $604.66 on Monday. The company has a 50-day simple moving average of $600.42 and a 200 day simple moving average of $579.33. The company has a market capitalization of $521.76 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 52-week low of $485.19 and a 52-week high of $613.79.

iShares Core S&P 500 ETF Company 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.