Meritage Portfolio Management Acquires 8,220 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Meritage Portfolio Management boosted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 43.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 27,324 shares of the company’s stock after buying an additional 8,220 shares during the period. iShares Core S&P 500 ETF makes up about 1.0% of Meritage Portfolio Management’s investment portfolio, making the stock its 19th largest position. Meritage Portfolio Management’s holdings in iShares Core S&P 500 ETF were worth $16,085,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Balboa Wealth Partners grew its holdings 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 in the last quarter. TruWealth Advisors LLC grew its holdings in shares of iShares Core S&P 500 ETF by 2.0% during the 3rd quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock worth $534,000 after purchasing an additional 18 shares in the last quarter. Lewis Asset Management LLC grew its holdings in shares of iShares Core S&P 500 ETF by 2.9% during the 3rd quarter. Lewis Asset Management LLC now owns 631 shares of the company’s stock worth $364,000 after purchasing an additional 18 shares in the last quarter. Hassell Wealth Management LLC grew its holdings 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 worth $400,000 after purchasing an additional 18 shares in the last quarter. Finally, Sandbox Financial Partners LLC grew its holdings in shares of iShares Core S&P 500 ETF by 1.1% during the 4th quarter. Sandbox Financial Partners LLC now owns 1,654 shares of the company’s stock worth $974,000 after purchasing an additional 18 shares in the last quarter.

iShares Core S&P 500 ETF Trading Down 0.9 %

Shares of NYSEARCA:IVV opened at $603.80 on Friday. iShares Core S&P 500 ETF has a 1-year low of $493.07 and a 1-year high of $613.79. The firm has a market capitalization of $521.02 billion, a PE ratio of 25.23 and a beta of 0.99. The business’s 50 day moving average is $600.71 and its 200-day moving average is $580.54.

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.