Merited Wealth LLC Purchases 6,610 Shares of iShares Core S&P 500 ETF $IVV

Merited Wealth LLC raised its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 69.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,073 shares of the company’s stock after acquiring an additional 6,610 shares during the quarter. iShares Core S&P 500 ETF makes up about 8.7% of Merited Wealth LLC’s holdings, making the stock its biggest holding. Merited Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $10,499,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Legacy Private Trust Co. boosted its position in shares of iShares Core S&P 500 ETF by 1.1% during the 4th quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock worth $228,119,000 after acquiring an additional 3,711 shares in the last quarter. Hubbell Strickland Wealth Management LLC raised its position in shares of 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 acquiring an additional 792 shares in the last quarter. Belpointe Asset Management LLC raised its position in shares of 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 worth $27,239,000 after acquiring an additional 1,700 shares in the last quarter. Atria Investments Inc raised its position in shares of 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 worth $172,181,000 after acquiring an additional 30,777 shares in the last quarter. Finally, M&T Bank Corp lifted its stake in iShares Core S&P 500 ETF by 0.8% during the fourth quarter. M&T Bank Corp now owns 1,309,001 shares of the company’s stock worth $896,587,000 after purchasing an additional 10,723 shares during the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 0.1%

Shares of IVV opened at $748.43 on Friday. The stock has a 50 day moving average price of $741.72 and a 200 day moving average price of $704.22. The company has a market capitalization of $887.34 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52-week low of $620.85 and a 52-week high of $764.00.

iShares Core S&P 500 ETF 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.