Meridian Financial LLC Has $9.04 Million Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Meridian Financial LLC reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.9% during the 4th quarter, Holdings Channel reports. The firm owned 15,357 shares of the company’s stock after selling 147 shares during the period. iShares Core S&P 500 ETF makes up 6.2% of Meridian Financial LLC’s holdings, making the stock its 3rd biggest holding. Meridian Financial LLC’s holdings in iShares Core S&P 500 ETF were worth $9,040,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Modus Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $32,000. Safe Harbor Fiduciary LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter worth approximately $33,000. Cedar Wealth Management LLC lifted its stake in iShares Core S&P 500 ETF by 139.3% in the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after purchasing an additional 39 shares during the last quarter. Kennebec Savings Bank acquired a new stake in shares of iShares Core S&P 500 ETF in the third quarter valued at approximately $40,000. Finally, Brooklyn Investment Group bought a new position in iShares Core S&P 500 ETF during the third quarter worth $42,000.

iShares Core S&P 500 ETF Stock Performance

IVV opened at $600.26 on Monday. iShares Core S&P 500 ETF has a fifty-two week low of $474.68 and a fifty-two week high of $612.09. The company has a market capitalization of $517.96 billion, a P/E ratio of 25.23 and a beta of 0.99. The stock has a fifty day moving average of $598.29 and a 200-day moving average of $576.09.

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.