Meridian Management Co. reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 9.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 46,829 shares of the company’s stock after selling 4,606 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 7.6% of Meridian Management Co.’s holdings, making the stock its 3rd largest holding. Meridian Management Co.’s holdings in iShares Core S&P 500 ETF were worth $30,589,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Keenan LLC purchased a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at $26,000. Decker Retirement Planning Inc. acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at $29,000. GS Investments Inc. increased its stake in iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after buying an additional 20 shares during the period. Palouse Capital Management Inc. acquired a new position in iShares Core S&P 500 ETF in the 4th quarter worth $38,000. Finally, Imprint Wealth LLC purchased a new position in iShares Core S&P 500 ETF in the 3rd quarter valued at about $39,000. 70.12% of the stock is owned by institutional investors and hedge funds.
iShares Core S&P 500 ETF Price Performance
Shares of iShares Core S&P 500 ETF stock opened at $755.12 on Wednesday. iShares Core S&P 500 ETF has a 1-year low of $621.05 and a 1-year high of $764.00. The company has a market capitalization of $890.44 billion, a PE ratio of 25.10 and a beta of 1.00. The business has a 50-day moving average of $747.38 and a 200-day moving average of $708.12.
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. 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.
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