iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Sold by Meridian Management Co.

Meridian Management Co. cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 66,721 shares of the company’s stock after selling 1,610 shares during the quarter. iShares Core S&P 500 ETF accounts for about 10.0% of Meridian Management Co.’s portfolio, making the stock its biggest position. Meridian Management Co.’s holdings in iShares Core S&P 500 ETF were worth $36,512,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of IVV. Burkett Financial Services LLC bought a new stake in iShares Core S&P 500 ETF in the 4th quarter worth about $31,000. 1620 Investment Advisors Inc. bought a new position in shares of iShares Core S&P 500 ETF in the second quarter valued at approximately $36,000. Thompson Investment Management Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the first quarter valued at approximately $37,000. Covestor Ltd lifted its holdings in iShares Core S&P 500 ETF by 321.1% during 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. Finally, Ables Iannone Moore & Associates Inc. purchased a new position in iShares Core S&P 500 ETF in the fourth quarter worth $44,000.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $565.07 on Friday. The firm has a market cap of $487.60 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 $411.02 and a 1 year high of $568.24. The stock has a fifty day moving average price of $552.88 and a 200-day moving average price of $535.03.

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.