Pillar Wealth Advisors LLC Grows Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Pillar Wealth Advisors LLC grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 58.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,054 shares of the company’s stock after buying an additional 3,343 shares during the quarter. iShares Core S&P 500 ETF accounts for about 3.3% of Pillar Wealth Advisors LLC’s investment portfolio, making the stock its 7th biggest position. Pillar Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $4,324,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Eukles Asset Management grew its stake in iShares Core S&P 500 ETF by 126.9% in the fourth quarter. Eukles Asset Management now owns 59 shares of the company’s stock worth $28,000 after purchasing an additional 33 shares in the last quarter. Horizon Bancorp Inc. IN bought a new position in iShares Core S&P 500 ETF in the third quarter worth approximately $40,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in iShares Core S&P 500 ETF in the third quarter worth approximately $41,000. Evolution Advisers Inc. bought a new position in iShares Core S&P 500 ETF in the fourth quarter worth approximately $48,000. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new position in iShares Core S&P 500 ETF in the third quarter worth approximately $62,000.

iShares Core S&P 500 ETF Stock Down 1.6 %

NYSEARCA:IVV traded down $8.08 during midday trading on Tuesday, hitting $504.51. The stock had a trading volume of 4,927,497 shares, compared to its average volume of 5,800,698. iShares Core S&P 500 ETF has a one year low of $405.54 and a one year high of $527.16. The company has a market capitalization of $432.16 billion, a price-to-earnings ratio of 25.43 and a beta of 0.99. The stock has a 50-day moving average of $514.39 and a 200 day moving average of $483.01.

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.