iShares Core S&P 500 ETF $IVV Shares Bought by Merit Financial Group LLC

Merit Financial Group LLC boosted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 264,002 shares of the company’s stock after buying an additional 10,047 shares during the period. iShares Core S&P 500 ETF accounts for 1.6% of Merit Financial Group LLC’s investment portfolio, making the stock its 8th largest position. Merit Financial Group LLC’s holdings in iShares Core S&P 500 ETF were worth $176,697,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Flaharty Asset Management LLC purchased a new stake in iShares Core S&P 500 ETF in the first quarter valued at $28,000. Nvwm LLC boosted its holdings in iShares Core S&P 500 ETF by 210.5% in the second quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after purchasing an additional 40 shares during the period. Hager Investment Management Services LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the second quarter worth approximately $61,000. Rice Partnership LLC increased its position in shares of iShares Core S&P 500 ETF by 460.0% in the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after purchasing an additional 92 shares during the last quarter. Finally, Creative Capital Management Investments LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at approximately $80,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.7%

Shares of IVV stock opened at $684.94 on Friday. The firm has a fifty day moving average price of $682.46 and a 200 day moving average price of $657.56. The company has a market cap of $718.84 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $694.70.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.