60,038 Shares in iShares Core S&P 500 ETF (NYSEARCA:IVV) Purchased by M Holdings Securities Inc.

M Holdings Securities Inc. acquired a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 60,038 shares of the company’s stock, valued at approximately $35,343,000. iShares Core S&P 500 ETF comprises approximately 23.6% of M Holdings Securities Inc.’s portfolio, making the stock its 2nd biggest holding.

A number of other institutional investors have also bought and sold shares of IVV. Sandbox Financial Partners LLC increased its holdings in iShares Core S&P 500 ETF by 1.1% during the 4th quarter. Sandbox Financial Partners LLC now owns 1,654 shares of the company’s stock worth $974,000 after purchasing an additional 18 shares during the last quarter. Dodds Wealth LLC grew its position in shares of iShares Core S&P 500 ETF by 0.9% during the fourth quarter. Dodds Wealth LLC now owns 1,995 shares of the company’s stock worth $1,216,000 after buying an additional 18 shares in the last quarter. Everhart Financial Group Inc. increased its stake in shares of iShares Core S&P 500 ETF by 0.3% in the fourth quarter. Everhart Financial Group Inc. now owns 5,177 shares of the company’s stock worth $3,047,000 after buying an additional 18 shares during the last quarter. Global Strategic Investment Solutions LLC increased its stake in shares of iShares Core S&P 500 ETF by 0.3% in the fourth quarter. Global Strategic Investment Solutions LLC now owns 5,242 shares of the company’s stock worth $3,086,000 after buying an additional 18 shares during the last quarter. Finally, Park Edge Advisors LLC raised its holdings in iShares Core S&P 500 ETF by 3.2% in the fourth quarter. Park Edge Advisors LLC now owns 604 shares of the company’s stock valued at $356,000 after acquiring an additional 19 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $566.58 on Friday. The firm has a fifty day moving average of $593.61 and a two-hundred day moving average of $588.99. The firm has a market cap of $545.62 billion, a P/E ratio of 24.98 and a beta of 1.01. iShares Core S&P 500 ETF has a 1-year low of $496.30 and a 1-year high of $616.22.

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.