iShares Core S&P 500 ETF (NYSEARCA:IVV) is McNamara Financial Services Inc.’s Largest Position

McNamara Financial Services Inc. grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 247,395 shares of the company’s stock after acquiring an additional 17,140 shares during the quarter. iShares Core S&P 500 ETF comprises 28.6% of McNamara Financial Services Inc.’s investment portfolio, making the stock its largest position. McNamara Financial Services Inc.’s holdings in iShares Core S&P 500 ETF were worth $135,382,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Yousif Capital Management LLC grew its position in iShares Core S&P 500 ETF by 27.5% during the 4th quarter. Yousif Capital Management LLC now owns 1,530 shares of the company’s stock worth $731,000 after acquiring an additional 330 shares during the last quarter. Russell Investments Group Ltd. raised its stake in iShares Core S&P 500 ETF by 26.5% during the fourth quarter. Russell Investments Group Ltd. now owns 215 shares of the company’s stock valued at $103,000 after buying an additional 45 shares during the last quarter. Vantage Financial Partners LLC boosted its stake in iShares Core S&P 500 ETF by 45.3% in the 4th quarter. Vantage Financial Partners LLC now owns 37,601 shares of the company’s stock worth $17,959,000 after purchasing an additional 11,715 shares in the last quarter. First Trust Direct Indexing L.P. bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth approximately $469,000. Finally, Fisher Asset Management LLC lifted its position in iShares Core S&P 500 ETF by 19.5% in the 4th quarter. Fisher Asset Management LLC now owns 8,597 shares of the company’s stock valued at $4,107,000 after acquiring an additional 1,405 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock traded down $8.21 during trading on Tuesday, hitting $558.54. 1,625,668 shares of the company’s stock traded hands, compared to its average volume of 4,982,275. The business has a 50-day simple moving average of $552.25 and a 200-day simple moving average of $532.29. The stock has a market capitalization of $481.96 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1 year low of $411.02 and a 1 year high of $568.24.

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.