iShares Core S&P 500 ETF (NYSEARCA:IVV) Holdings Raised by Merit Financial Group LLC

Merit Financial Group LLC grew its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 13.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 188,110 shares of the company’s stock after acquiring an additional 22,585 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 2.7% 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 $89,847,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of IVV. Creative Planning increased its holdings in shares of iShares Core S&P 500 ETF by 0.4% in the third quarter. Creative Planning now owns 19,963,105 shares of the company’s stock valued at $8,572,756,000 after purchasing an additional 72,718 shares during the period. JPMorgan Chase & Co. boosted its position in iShares Core S&P 500 ETF by 86.9% in the third quarter. JPMorgan Chase & Co. now owns 17,890,478 shares of the company’s stock valued at $7,682,737,000 after buying an additional 8,316,251 shares during the last quarter. Morgan Stanley increased its holdings in iShares Core S&P 500 ETF by 42.9% in the 3rd quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock worth $7,554,741,000 after buying an additional 5,277,616 shares during the period. PNC Financial Services Group Inc. raised its position in iShares Core S&P 500 ETF by 1.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 14,428,009 shares of the company’s stock worth $6,195,820,000 after buying an additional 186,384 shares during the last quarter. Finally, First Command Advisory Services Inc. lifted its stake in iShares Core S&P 500 ETF by 0.6% during the 4th quarter. First Command Advisory Services Inc. now owns 8,925,508 shares of the company’s stock valued at $4,264,117,000 after acquiring an additional 50,070 shares during the period.

iShares Core S&P 500 ETF Stock Up 1.3 %

Shares of NYSEARCA:IVV traded up $6.35 during midday trading on Friday, reaching $513.81. The company’s stock had a trading volume of 3,003,779 shares, compared to its average volume of 5,734,856. The stock has a fifty day moving average of $514.41 and a 200 day moving average of $483.31. iShares Core S&P 500 ETF has a twelve month low of $405.54 and a twelve month high of $527.16. The firm has a market capitalization of $443.37 billion, a PE ratio of 25.23 and a beta of 0.99.

iShares Core S&P 500 ETF 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.