iShares Core S&P 500 ETF (NYSEARCA:IVV) is Merit Financial Group LLC’s 7th Largest Position

Merit Financial Group LLC raised its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 20.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 212,848 shares of the company’s stock after purchasing an additional 36,338 shares during the period. iShares Core S&P 500 ETF accounts for 2.3% of Merit Financial Group LLC’s holdings, making the stock its 7th biggest position. Merit Financial Group LLC’s holdings in iShares Core S&P 500 ETF were worth $125,299,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of IVV. Modus Advisors LLC acquired a new stake in iShares Core S&P 500 ETF in the 4th quarter worth about $32,000. Safe Harbor Fiduciary LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the third quarter worth approximately $33,000. Cedar Wealth Management LLC increased its position in shares of iShares Core S&P 500 ETF by 139.3% during the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after purchasing an additional 39 shares in the last quarter. Kennebec Savings Bank acquired a new position in iShares Core S&P 500 ETF in the 3rd quarter valued at $40,000. Finally, Brooklyn Investment Group purchased a new position in iShares Core S&P 500 ETF in the 3rd quarter valued at $42,000.

iShares Core S&P 500 ETF Stock Up 0.9 %

iShares Core S&P 500 ETF stock opened at $600.26 on Friday. The company has a fifty day simple moving average of $598.29 and a 200-day simple moving average of $575.92. The firm has a market capitalization of $517.96 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 52-week low of $474.68 and a 52-week high of $612.09.

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.