iShares Core S&P 500 ETF $IVV is Morris Financial Concepts Inc.’s Largest Position

Morris Financial Concepts Inc. lessened its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 60,203 shares of the company’s stock after selling 2,872 shares during the period. iShares Core S&P 500 ETF makes up about 14.8% of Morris Financial Concepts Inc.’s portfolio, making the stock its biggest holding. Morris Financial Concepts Inc.’s holdings in iShares Core S&P 500 ETF were worth $37,380,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Heck Capital Advisors LLC acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter worth about $331,591,000. Bison Wealth LLC grew its position in iShares Core S&P 500 ETF by 24.0% during the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock worth $4,591,000 after purchasing an additional 1,511 shares during the period. Wealth Group Ltd. grew its position in iShares Core S&P 500 ETF by 1.2% during the 1st quarter. Wealth Group Ltd. now owns 197,096 shares of the company’s stock worth $110,748,000 after purchasing an additional 2,271 shares during the period. GAMMA Investing LLC grew its position in iShares Core S&P 500 ETF by 16.4% during the 1st quarter. GAMMA Investing LLC now owns 7,321 shares of the company’s stock worth $4,114,000 after purchasing an additional 1,032 shares during the period. Finally, NorthStar Asset Management LLC NJ acquired a new stake in iShares Core S&P 500 ETF during the 1st quarter worth about $4,503,000. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $667.69 on Friday. The business’s 50-day moving average is $657.92 and its two-hundred day moving average is $613.70. The company has a market capitalization of $697.67 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $677.20.

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.