Bluestem Financial Advisors LLC Grows Holdings in iShares Core S&P 500 ETF $IVV

Bluestem Financial Advisors LLC raised its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.7% during the third quarter, Holdings Channel reports. The firm owned 80,842 shares of the company’s stock after buying an additional 1,383 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 21.2% of Bluestem Financial Advisors LLC’s portfolio, making the stock its 2nd biggest position. Bluestem Financial Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $54,124,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of IVV. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in iShares Core S&P 500 ETF by 3.5% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 28,713 shares of the company’s stock worth $17,828,000 after purchasing an additional 974 shares during the period. Cape Investment Advisory Inc. lifted its holdings in shares of iShares Core S&P 500 ETF by 35.9% during the second quarter. Cape Investment Advisory Inc. now owns 2,807 shares of the company’s stock valued at $1,743,000 after purchasing an additional 741 shares during the last quarter. RWA Wealth Partners LLC boosted its position in shares of iShares Core S&P 500 ETF by 5.0% in the 2nd quarter. RWA Wealth Partners LLC now owns 188,694 shares of the company’s stock worth $117,160,000 after purchasing an additional 9,023 shares in the last quarter. TCP Asset Management LLC grew its stake in shares of iShares Core S&P 500 ETF by 1.1% in the 3rd quarter. TCP Asset Management LLC now owns 123,864 shares of the company’s stock worth $82,902,000 after buying an additional 1,290 shares during the last quarter. Finally, Evolution Wealth Management Inc. bought a new position in iShares Core S&P 500 ETF during the 2nd quarter valued at approximately $1,869,000. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Up 0.8%

Shares of NYSEARCA:IVV opened at $677.50 on Friday. The stock has a fifty day simple moving average of $678.26 and a two-hundred day simple moving average of $651.43. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $693.07. The stock has a market capitalization of $711.04 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF Company 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.