Financial Enhancement Group LLC Makes New $553,000 Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Financial Enhancement Group LLC purchased a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 946 shares of the company’s stock, valued at approximately $553,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Modus Advisors LLC bought a new position in iShares Core S&P 500 ETF in the 4th quarter worth about $32,000. Safe Harbor Fiduciary LLC bought a new position in shares of iShares Core S&P 500 ETF in the third quarter worth approximately $33,000. Cedar Wealth Management LLC raised its stake in iShares Core S&P 500 ETF by 139.3% in the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after purchasing an additional 39 shares in the last quarter. Kennebec Savings Bank bought a new stake in iShares Core S&P 500 ETF during the third quarter valued at approximately $40,000. Finally, Brooklyn Investment Group purchased a new position in iShares Core S&P 500 ETF in the 3rd quarter worth approximately $42,000.

iShares Core S&P 500 ETF Stock Performance

iShares Core S&P 500 ETF stock opened at $594.62 on Friday. iShares Core S&P 500 ETF has a fifty-two week low of $472.11 and a fifty-two week high of $612.09. The stock has a market cap of $513.10 billion, a P/E ratio of 25.23 and a beta of 0.99. The firm’s fifty day moving average price is $598.38 and its 200-day moving average price is $575.43.

About iShares Core S&P 500 ETF

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.