Valmark Advisers Inc. Buys 2,125 Shares of iShares Core S&P 500 ETF $IVV

Valmark Advisers Inc. increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 62,064 shares of the company’s stock after purchasing an additional 2,125 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares Core S&P 500 ETF were worth $41,539,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in IVV. Nvwm LLC increased its position in shares of iShares Core S&P 500 ETF by 210.5% during the second quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after buying an additional 40 shares during the period. Hager Investment Management Services LLC purchased a new position in iShares Core S&P 500 ETF during the second quarter valued at approximately $61,000. Rice Partnership LLC increased its holdings in iShares Core S&P 500 ETF by 460.0% during the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after acquiring an additional 92 shares during the period. Creative Capital Management Investments LLC bought a new stake in iShares Core S&P 500 ETF during the 2nd quarter worth approximately $80,000. Finally, Missouri Trust & Investment Co lifted its stake in iShares Core S&P 500 ETF by 33.0% in the 2nd quarter. Missouri Trust & Investment Co now owns 133 shares of the company’s stock worth $83,000 after purchasing an additional 33 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $697.08 on Monday. The firm has a fifty day moving average price of $683.17 and a two-hundred day moving average price of $662.14. The company has a market cap of $763.20 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $698.37.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.