Meadowbrook Advisors Group LLC Purchases Shares of 3,358 iShares Core S&P 500 ETF $IVV

Meadowbrook Advisors Group LLC purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, Holdings Channel reports. The firm purchased 3,358 shares of the company’s stock, valued at approximately $2,300,000. iShares Core S&P 500 ETF comprises 1.3% of Meadowbrook Advisors Group LLC’s portfolio, making the stock its 23rd biggest holding.

Other hedge funds have also recently bought and sold shares of the company. Legacy Private Trust Co. increased its position in iShares Core S&P 500 ETF by 1.1% in the fourth quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock worth $228,119,000 after purchasing an additional 3,711 shares during the period. Hubbell Strickland Wealth Management LLC raised its holdings in iShares Core S&P 500 ETF by 2.0% during the 4th quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock worth $27,172,000 after purchasing an additional 792 shares during the last quarter. Belpointe Asset Management LLC lifted its position in iShares Core S&P 500 ETF by 4.5% during the 4th quarter. Belpointe Asset Management LLC now owns 39,767 shares of the company’s stock valued at $27,239,000 after purchasing an additional 1,700 shares during the period. Atria Investments Inc lifted its position in iShares Core S&P 500 ETF by 14.0% during the 4th quarter. Atria Investments Inc now owns 251,381 shares of the company’s stock valued at $172,181,000 after purchasing an additional 30,777 shares during the period. Finally, M&T Bank Corp boosted its stake in shares of iShares Core S&P 500 ETF by 0.8% in the 4th quarter. M&T Bank Corp now owns 1,309,001 shares of the company’s stock valued at $896,587,000 after purchasing an additional 10,723 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $750.11 on Monday. iShares Core S&P 500 ETF has a one year low of $594.71 and a one year high of $764.00. The company has a 50 day moving average of $734.01 and a 200-day moving average of $700.78. The stock has a market cap of $828.31 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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. 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.