Paces Ferry Wealth Advisors LLC Has $4.10 Million Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Paces Ferry Wealth Advisors LLC boosted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 8,574 shares of the company’s stock after purchasing an additional 142 shares during the quarter. iShares Core S&P 500 ETF accounts for 2.8% of Paces Ferry Wealth Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. Paces Ferry Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $4,095,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Creative Planning grew its position in iShares Core S&P 500 ETF by 0.4% in the 3rd quarter. Creative Planning now owns 19,963,105 shares of the company’s stock worth $8,572,756,000 after purchasing an additional 72,718 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares Core S&P 500 ETF by 86.9% during the third quarter. JPMorgan Chase & Co. now owns 17,890,478 shares of the company’s stock worth $7,682,737,000 after acquiring an additional 8,316,251 shares during the period. Morgan Stanley boosted its position in iShares Core S&P 500 ETF by 42.9% in the third quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock worth $7,554,741,000 after purchasing an additional 5,277,616 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in iShares Core S&P 500 ETF by 1.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 14,428,009 shares of the company’s stock valued at $6,195,820,000 after purchasing an additional 186,384 shares during the period. Finally, First Command Advisory Services Inc. raised its stake in shares of iShares Core S&P 500 ETF by 0.6% during the 4th quarter. First Command Advisory Services Inc. now owns 8,925,508 shares of the company’s stock worth $4,264,117,000 after purchasing an additional 50,070 shares during the period.

iShares Core S&P 500 ETF Stock Down 1.6 %

IVV traded down $8.08 during trading on Tuesday, hitting $504.51. 4,927,497 shares of the company traded hands, compared to its average volume of 5,800,698. The firm has a market cap of $432.16 billion, a P/E ratio of 25.43 and a beta of 0.99. iShares Core S&P 500 ETF has a one year low of $405.54 and a one year high of $527.16. The stock’s fifty day moving average is $514.39 and its 200 day moving average is $483.01.

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.