Meridian Wealth Advisors LLC increased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 4.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 113,823 shares of the company’s stock after purchasing an additional 5,003 shares during the quarter. iShares Core S&P 500 ETF accounts for 10.8% of Meridian Wealth Advisors LLC’s holdings, making the stock its biggest position. Meridian Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $76,182,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in IVV. Americana Partners LLC raised its stake in iShares Core S&P 500 ETF by 21.8% during the 3rd quarter. Americana Partners LLC now owns 6,635 shares of the company’s stock valued at $4,441,000 after purchasing an additional 1,187 shares during the period. Forza Wealth Management LLC boosted its position in shares of iShares Core S&P 500 ETF by 28.7% in the third quarter. Forza Wealth Management LLC now owns 6,457 shares of the company’s stock worth $4,322,000 after buying an additional 1,438 shares during the period. Coyle Financial Counsel LLC grew its holdings in shares of iShares Core S&P 500 ETF by 7.1% during the third quarter. Coyle Financial Counsel LLC now owns 107,161 shares of the company’s stock valued at $71,723,000 after buying an additional 7,120 shares in the last quarter. Fonville Wealth Management LLC raised its position in iShares Core S&P 500 ETF by 121.3% during the third quarter. Fonville Wealth Management LLC now owns 5,882 shares of the company’s stock valued at $3,937,000 after buying an additional 3,224 shares during the period. Finally, Fortitude Family Office LLC raised its position in iShares Core S&P 500 ETF by 13.4% during the third quarter. Fortitude Family Office LLC now owns 49,231 shares of the company’s stock valued at $32,950,000 after buying an additional 5,800 shares during the period. 70.12% of the stock is currently owned by institutional investors.
iShares Core S&P 500 ETF Trading Down 0.4%
Shares of iShares Core S&P 500 ETF stock opened at $689.38 on Friday. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $700.97. The company has a market cap of $757.77 billion, a P/E ratio of 25.10 and a beta of 1.00. The stock has a 50-day moving average price of $691.61 and a 200 day moving average price of $676.93.
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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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