iShares Core S&P 500 ETF (NYSEARCA:IVV) is Meridian Management Co.’s Largest Position

Meridian Management Co. increased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 68,402 shares of the company’s stock after acquiring an additional 1,681 shares during the period. iShares Core S&P 500 ETF makes up about 10.0% of Meridian Management Co.’s portfolio, making the stock its largest holding. Meridian Management Co.’s holdings in iShares Core S&P 500 ETF were worth $39,455,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. 1620 Investment Advisors Inc. acquired a new stake in iShares Core S&P 500 ETF during the second quarter worth about $36,000. Kennebec Savings Bank acquired a new position in iShares Core S&P 500 ETF in the third quarter valued at approximately $40,000. Covestor Ltd grew its position in iShares Core S&P 500 ETF by 321.1% in the first quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after acquiring an additional 61 shares during the period. LRI Investments LLC acquired a new stake in iShares Core S&P 500 ETF during the first quarter worth $55,000. Finally, Proffitt & Goodson Inc. raised its position in iShares Core S&P 500 ETF by 21.2% in the second quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock valued at $56,000 after purchasing an additional 18 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $601.67 on Tuesday. The firm has a 50-day simple moving average of $574.96 and a two-hundred day simple moving average of $553.79. The stock has a market cap of $519.18 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1-year low of $440.41 and a 1-year high of $603.09.

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.