MONECO Advisors LLC Acquires 741 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

MONECO Advisors LLC boosted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 18.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 4,716 shares of the company’s stock after purchasing an additional 741 shares during the period. MONECO Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $2,776,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVV. SYM FINANCIAL Corp bought a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $30,000. Modus Advisors LLC bought a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $32,000. Ulland Investment Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $32,000. Safe Harbor Fiduciary LLC bought a new stake in shares of iShares Core S&P 500 ETF in the third quarter valued at about $33,000. Finally, Advantage Trust Co bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $36,000.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $602.87 on Friday. The firm has a market cap of $520.22 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The stock’s 50-day moving average is $601.14 and its 200-day moving average is $585.94. iShares Core S&P 500 ETF has a one year low of $496.30 and a one year high of $616.22.

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.