McNamara Financial Services Inc. Has $144.27 Million Stock Holdings in iShares Core S&P 500 ETF $IVV

McNamara Financial Services Inc. reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 232,356 shares of the company’s stock after selling 349 shares during the quarter. iShares Core S&P 500 ETF comprises 28.6% of McNamara Financial Services Inc.’s portfolio, making the stock its largest holding. McNamara Financial Services Inc.’s holdings in iShares Core S&P 500 ETF were worth $144,270,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Flaharty Asset Management LLC bought a new position in iShares Core S&P 500 ETF during the 1st quarter valued at $28,000. Lord & Richards Wealth Management LLC bought a new position in iShares Core S&P 500 ETF during the 1st quarter valued at $31,000. Cheviot Value Management LLC bought a new position in iShares Core S&P 500 ETF during the 1st quarter valued at $52,000. Hager Investment Management Services LLC bought a new position in iShares Core S&P 500 ETF during the 2nd quarter valued at $61,000. Finally, Inlight Wealth Management LLC bought a new position in iShares Core S&P 500 ETF during the 1st quarter valued at $60,000. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $668.28 on Thursday. The stock has a fifty day moving average price of $656.80 and a two-hundred day moving average price of $612.28. The firm has a market cap of $698.29 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $677.20.

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.