Okabena Investment Services Inc. Boosts Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Okabena Investment Services Inc. raised its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 16.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,873 shares of the company’s stock after purchasing an additional 2,000 shares during the quarter. iShares Core S&P 500 ETF accounts for about 2.3% of Okabena Investment Services Inc.’s holdings, making the stock its 15th biggest position. Okabena Investment Services Inc.’s holdings in iShares Core S&P 500 ETF were worth $8,002,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. 1620 Investment Advisors Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the second quarter valued at approximately $36,000. Cedar Wealth Management LLC boosted its position in shares of 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 purchasing an additional 39 shares in the last quarter. Kennebec Savings Bank purchased a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at about $40,000. Peterson Financial Group Inc. purchased a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at about $46,000. Finally, LRI Investments LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the first quarter valued at about $55,000.

iShares Core S&P 500 ETF Trading Up 0.3 %

Shares of IVV opened at $598.45 on Friday. iShares Core S&P 500 ETF has a twelve month low of $455.41 and a twelve month high of $603.09. The firm has a market capitalization of $516.40 billion, a P/E ratio of 25.23 and a beta of 0.99. The firm’s 50-day moving average is $582.31 and its two-hundred day moving average is $558.78.

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.