iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Purchased by Meridian Wealth Advisors LLC

Meridian Wealth Advisors LLC lifted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.2% in the fourth quarter, Holdings Channel reports. The firm owned 105,987 shares of the company’s stock after buying an additional 6,163 shares during the period. iShares Core S&P 500 ETF comprises about 10.3% of Meridian Wealth Advisors LLC’s portfolio, making the stock its largest position. Meridian Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $62,392,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IVV. SYM FINANCIAL Corp acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $30,000. Modus Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $32,000. Ulland Investment Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $32,000. Safe Harbor Fiduciary LLC acquired a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter worth approximately $33,000. Finally, Advantage Trust Co purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at approximately $36,000.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $566.58 on Friday. The firm has a market cap of $545.62 billion, a PE ratio of 24.98 and a beta of 1.01. iShares Core S&P 500 ETF has a one year low of $496.30 and a one year high of $616.22. The firm’s 50 day moving average price is $593.61 and its 200-day moving average price is $588.99.

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.