Merit Financial Group LLC increased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 20.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 212,848 shares of the company’s stock after buying an additional 36,338 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 2.3% of Merit Financial Group LLC’s investment portfolio, making the stock its 7th largest holding. Merit Financial Group LLC’s holdings in iShares Core S&P 500 ETF were worth $125,299,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Modus Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $32,000. Safe Harbor Fiduciary LLC purchased a new stake in iShares Core S&P 500 ETF in the 3rd quarter worth approximately $33,000. Cedar Wealth Management LLC grew its stake in shares of iShares Core S&P 500 ETF by 139.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after purchasing an additional 39 shares during the period. Kennebec Savings Bank purchased a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $40,000. Finally, Brooklyn Investment Group acquired a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at $42,000.
iShares Core S&P 500 ETF Stock Performance
IVV stock opened at $600.26 on Friday. iShares Core S&P 500 ETF has a one year low of $474.68 and a one year high of $612.09. The firm’s fifty day moving average is $598.29 and its 200 day moving average is $575.92. The firm has a market cap of $517.96 billion, a PE ratio of 25.23 and a beta of 0.99.
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.
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