MidAtlantic Capital Management Inc. Purchases New Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

MidAtlantic Capital Management Inc. purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 16,230 shares of the company’s stock, valued at approximately $9,362,000. iShares Core S&P 500 ETF accounts for 6.8% of MidAtlantic Capital Management Inc.’s investment portfolio, making the stock its 2nd largest position.

A number of other large investors have also recently modified their holdings of IVV. Balboa Wealth Partners grew its stake in shares of iShares Core S&P 500 ETF by 1.3% during the third quarter. Balboa Wealth Partners now owns 1,292 shares of the company’s stock worth $745,000 after purchasing an additional 17 shares in the last quarter. Proffitt & Goodson Inc. grew its stake in shares of iShares Core S&P 500 ETF by 21.2% during the second quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock worth $56,000 after purchasing an additional 18 shares in the last quarter. TruWealth Advisors LLC grew its stake in shares of iShares Core S&P 500 ETF by 2.0% during the third quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock worth $534,000 after purchasing an additional 18 shares in the last quarter. Lewis Asset Management LLC grew its stake in shares of iShares Core S&P 500 ETF by 2.9% during the third quarter. Lewis Asset Management LLC now owns 631 shares of the company’s stock worth $364,000 after purchasing an additional 18 shares in the last quarter. Finally, Hassell Wealth Management LLC grew its stake in shares of iShares Core S&P 500 ETF by 2.6% during the third quarter. Hassell Wealth Management LLC now owns 700 shares of the company’s stock worth $400,000 after purchasing an additional 18 shares in the last quarter.

iShares Core S&P 500 ETF Trading Up 0.1 %

Shares of IVV stock opened at $589.22 on Monday. The firm has a fifty day moving average price of $578.55 and a 200 day moving average price of $556.28. The company has a market cap of $508.44 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12 month low of $452.58 and a 12 month high of $603.09.

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.