United Asset Strategies Inc. Makes New Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

United Asset Strategies Inc. purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, Holdings Channel reports. The fund purchased 476 shares of the company’s stock, valued at approximately $227,000.

Several other hedge funds have also modified their holdings of the business. Studio Investment Management LLC acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth $33,000. Horizon Bancorp Inc. IN acquired a new position in iShares Core S&P 500 ETF during the third quarter worth $40,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in iShares Core S&P 500 ETF during the third quarter worth $41,000. Financial Freedom LLC purchased a new position in iShares Core S&P 500 ETF during the fourth quarter worth $52,000. Finally, Hibernia Wealth Partners LLC purchased a new position in iShares Core S&P 500 ETF during the third quarter worth $54,000.

iShares Core S&P 500 ETF Stock Performance

iShares Core S&P 500 ETF stock opened at $503.04 on Thursday. The stock has a fifty day moving average of $513.62 and a two-hundred day moving average of $477.98. The company has a market capitalization of $430.90 billion, a price-to-earnings ratio of 25.43 and a beta of 0.99. iShares Core S&P 500 ETF has a fifty-two week low of $405.54 and a fifty-two week high of $527.16.

iShares Core S&P 500 ETF 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.