Claro Advisors LLC Increases Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Claro Advisors LLC lifted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 14,602 shares of the company’s stock after purchasing an additional 1,043 shares during the period. iShares Core S&P 500 ETF accounts for approximately 1.1% of Claro Advisors LLC’s investment portfolio, making the stock its 16th largest holding. Claro Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $8,423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of IVV. 1620 Investment Advisors Inc. bought a new position in shares of iShares Core S&P 500 ETF in the 2nd quarter worth approximately $36,000. Kennebec Savings Bank purchased a new stake in iShares Core S&P 500 ETF during the third quarter valued at approximately $40,000. Covestor Ltd raised its position in iShares Core S&P 500 ETF by 321.1% in the first quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after acquiring an additional 61 shares during the period. Peterson Financial Group Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter worth $46,000. Finally, LRI Investments LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 1st quarter valued at $55,000.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $588.66 on Friday. iShares Core S&P 500 ETF has a one year low of $450.19 and a one year high of $603.09. The business has a fifty day moving average price of $578.55 and a 200-day moving average price of $555.91. The firm has a market capitalization of $507.95 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.