iShares Core S&P 500 ETF (NYSEARCA:IVV) is McNamara Financial Services Inc.’s Largest Position

McNamara Financial Services Inc. lessened its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 246,873 shares of the company’s stock after selling 522 shares during the period. iShares Core S&P 500 ETF accounts for approximately 28.0% of McNamara Financial Services Inc.’s portfolio, making the stock its biggest position. McNamara Financial Services Inc.’s holdings in iShares Core S&P 500 ETF were worth $142,401,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of IVV. 1620 Investment Advisors Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the 2nd quarter worth $36,000. Thompson Investment Management Inc. purchased a new stake in iShares Core S&P 500 ETF in the first quarter valued at approximately $37,000. Covestor Ltd lifted its stake 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 purchasing an additional 61 shares in the last quarter. Ables Iannone Moore & Associates Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth $44,000. Finally, Richardson Financial Services Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at $49,000.

iShares Core S&P 500 ETF Trading Up 0.6 %

iShares Core S&P 500 ETF stock traded up $3.52 during midday trading on Friday, reaching $582.35. 2,591,668 shares of the stock traded hands, compared to its average volume of 5,216,727. The firm has a market cap of $502.51 billion, a PE ratio of 25.23 and a beta of 0.99. The company has a 50-day simple moving average of $560.69 and a two-hundred day simple moving average of $542.96. iShares Core S&P 500 ETF has a 12-month low of $411.02 and a 12-month high of $583.09.

About iShares Core S&P 500 ETF

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.