Fortress Financial Group LLC Makes New Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Fortress Financial Group LLC acquired a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,105 shares of the company’s stock, valued at approximately $1,828,000. iShares Core S&P 500 ETF accounts for about 1.8% of Fortress Financial Group LLC’s investment portfolio, making the stock its 15th biggest position.

A number of other large investors also recently bought and sold shares of the stock. SYM FINANCIAL Corp acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter worth $30,000. Modus Advisors LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $32,000. Ulland Investment Advisors LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $32,000. Safe Harbor Fiduciary LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at about $33,000. Finally, Advantage Trust Co acquired a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $36,000.

iShares Core S&P 500 ETF Stock Down 1.6 %

IVV opened at $587.78 on Friday. The firm has a market cap of $584.64 billion, a price-to-earnings ratio of 26.66 and a beta of 1.01. iShares Core S&P 500 ETF has a 52 week low of $496.30 and a 52 week high of $616.22. The business’s 50 day moving average is $601.00 and its two-hundred day moving average is $587.36.

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.