Fairway Financial LLC Makes New $237,000 Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Fairway Financial LLC acquired a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 402 shares of the company’s stock, valued at approximately $237,000. iShares Core S&P 500 ETF accounts for 0.2% of Fairway Financial LLC’s investment portfolio, making the stock its 21st biggest holding.

Other institutional investors also recently modified their holdings of the company. Suncoast Equity Management bought a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $415,000. Financial Harvest LLC acquired a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $336,000. FDx Advisors Inc. increased its stake in shares of iShares Core S&P 500 ETF by 87.7% in the fourth quarter. FDx Advisors Inc. now owns 17,278 shares of the company’s stock valued at $10,171,000 after buying an additional 8,071 shares during the period. RPS Advisory Solutions LLC increased its position in iShares Core S&P 500 ETF by 3.3% during the 4th quarter. RPS Advisory Solutions LLC now owns 2,022 shares of the company’s stock valued at $1,190,000 after purchasing an additional 65 shares during the period. Finally, Able Wealth Management LLC increased its position in iShares Core S&P 500 ETF by 2.0% during the 4th quarter. Able Wealth Management LLC now owns 11,360 shares of the company’s stock valued at $6,687,000 after purchasing an additional 219 shares during the period.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $613.46 on Friday. The company has a market capitalization of $529.35 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a fifty-two week low of $495.94 and a fifty-two week high of $616.22. The company has a 50 day simple moving average of $601.22 and a two-hundred day simple moving average of $584.94.

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.