iShares Core S&P 500 ETF (NYSEARCA:IVV) is Meridian Financial Partners LLC’s 6th Largest Position

Meridian Financial Partners LLC lessened its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 11,645 shares of the company’s stock after selling 117 shares during the quarter. iShares Core S&P 500 ETF accounts for 3.6% of Meridian Financial Partners LLC’s investment portfolio, making the stock its 6th biggest holding. Meridian Financial Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $6,855,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Modus Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth approximately $32,000. Safe Harbor Fiduciary LLC acquired a new stake in iShares Core S&P 500 ETF in the third quarter valued at approximately $33,000. Cedar Wealth Management LLC grew its holdings in iShares Core S&P 500 ETF by 139.3% in 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 during the last quarter. Kennebec Savings Bank acquired a new position in shares of iShares Core S&P 500 ETF during the third quarter worth $40,000. Finally, Brooklyn Investment Group purchased a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at $42,000.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $595.63 on Thursday. The stock’s fifty day moving average price is $598.35 and its 200 day moving average price is $575.28. iShares Core S&P 500 ETF has a 1-year low of $472.11 and a 1-year high of $612.09. The company has a market cap of $513.97 billion, a price-to-earnings 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.