iShares Core S&P 500 ETF (NYSEARCA:IVV) is Farmers & Merchants Investments Inc.’s Largest Position

Farmers & Merchants Investments Inc. increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 382,448 shares of the company’s stock after acquiring an additional 6,376 shares during the period. iShares Core S&P 500 ETF comprises approximately 7.0% of Farmers & Merchants Investments Inc.’s portfolio, making the stock its biggest holding. Farmers & Merchants Investments Inc.’s holdings in iShares Core S&P 500 ETF were worth $209,287,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Burkett Financial Services LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth $31,000. 1620 Investment Advisors Inc. acquired a new position in iShares Core S&P 500 ETF during the second quarter worth $36,000. Thompson Investment Management Inc. bought a new position in iShares Core S&P 500 ETF during the first quarter valued at about $37,000. Covestor Ltd lifted its position in shares of iShares Core S&P 500 ETF by 321.1% in the first quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after buying an additional 61 shares during the last quarter. Finally, Ables Iannone Moore & Associates Inc. bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth about $44,000.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV traded down $0.79 during mid-day trading on Friday, reaching $551.77. 105,450 shares of the company traded hands, compared to its average volume of 4,994,622. The company’s fifty day moving average is $552.58 and its two-hundred day moving average is $532.95. iShares Core S&P 500 ETF has a fifty-two week low of $411.02 and a fifty-two week high of $568.24. The stock has a market cap of $476.12 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.