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

Merit Financial Group LLC raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 264,002 shares of the company’s stock after acquiring an additional 10,047 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 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 at the end of the most recent reporting period.

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

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $684.94 on Friday. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $694.70. The firm has a market capitalization of $718.84 billion, a PE ratio of 25.10 and a beta of 1.00. The business’s 50 day moving average price is $682.46 and its 200-day moving average price is $657.56.

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. 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.