MidAtlantic Capital Management Inc. Acquires Shares of 16,230 iShares Core S&P 500 ETF (NYSEARCA:IVV)

MidAtlantic Capital Management Inc. acquired a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,230 shares of the company’s stock, valued at approximately $9,362,000. iShares Core S&P 500 ETF makes up about 6.8% of MidAtlantic Capital Management Inc.’s portfolio, making the stock its 2nd largest position.

Several other large investors also recently bought and sold shares of the stock. Balboa Wealth Partners grew its stake in shares of iShares Core S&P 500 ETF by 1.3% during the 3rd quarter. Balboa Wealth Partners now owns 1,292 shares of the company’s stock worth $745,000 after purchasing an additional 17 shares during the period. Proffitt & Goodson Inc. boosted its holdings in iShares Core S&P 500 ETF by 21.2% during the second quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock worth $56,000 after buying an additional 18 shares in the last quarter. TruWealth Advisors LLC grew its position in iShares Core S&P 500 ETF by 2.0% during the third quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock worth $534,000 after buying an additional 18 shares during the period. Lewis Asset Management LLC increased its holdings in iShares Core S&P 500 ETF by 2.9% in the third quarter. Lewis Asset Management LLC now owns 631 shares of the company’s stock valued at $364,000 after buying an additional 18 shares in the last quarter. Finally, Hassell Wealth Management LLC lifted its position in shares of iShares Core S&P 500 ETF by 2.6% during the 3rd quarter. Hassell Wealth Management LLC now owns 700 shares of the company’s stock valued at $400,000 after acquiring an additional 18 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $589.22 on Monday. The firm has a market capitalization of $508.44 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The business’s 50 day simple moving average is $578.55 and its 200-day simple moving average is $556.28. iShares Core S&P 500 ETF has a 12 month low of $452.58 and a 12 month high of $603.09.

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.