Fortress Financial Solutions LLC Purchases New Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Fortress Financial Solutions LLC purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,669 shares of the company’s stock, valued at approximately $2,749,000. iShares Core S&P 500 ETF accounts for 3.9% of Fortress Financial Solutions LLC’s portfolio, making the stock its 9th largest position.

Other large investors have also added to or reduced their stakes in the company. SYM FINANCIAL Corp bought a new position in iShares Core S&P 500 ETF during the 4th quarter worth $30,000. Modus Advisors LLC bought a new position in iShares Core S&P 500 ETF during the 4th quarter worth $32,000. Ulland Investment Advisors LLC bought a new position in iShares Core S&P 500 ETF during the 4th quarter worth $32,000. Safe Harbor Fiduciary LLC bought a new position in iShares Core S&P 500 ETF during the 3rd quarter worth $33,000. Finally, Cedar Wealth Management LLC increased its position in iShares Core S&P 500 ETF by 139.3% during the 3rd 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.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $606.21 on Thursday. The stock has a market capitalization of $523.10 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The business’s fifty day moving average price is $600.72 and its two-hundred day moving average price is $582.19. iShares Core S&P 500 ETF has a fifty-two week low of $493.07 and a fifty-two 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.