Friedenthal Financial Has $748,000 Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Friedenthal Financial boosted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 586.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,270 shares of the company’s stock after purchasing an additional 1,085 shares during the period. Friedenthal Financial’s holdings in iShares Core S&P 500 ETF were worth $748,000 as of its most recent SEC filing.

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

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $584.18 on Tuesday. The stock’s 50 day simple moving average is $598.24 and its 200 day simple moving average is $575.02. iShares Core S&P 500 ETF has a twelve month low of $472.11 and a twelve month high of $612.09. The company has a market capitalization of $504.09 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.