Marmo Financial Group LLC Takes $225,000 Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Marmo Financial Group LLC bought a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 412 shares of the company’s stock, valued at approximately $225,000. iShares Core S&P 500 ETF accounts for approximately 0.1% of Marmo Financial Group LLC’s holdings, making the stock its 27th biggest position.

Several other institutional investors have also bought and sold shares of IVV. Burkett Financial Services LLC acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $31,000. Thompson Investment Management Inc. bought a new stake in shares of iShares Core S&P 500 ETF during the first quarter worth approximately $37,000. Covestor Ltd lifted its holdings in iShares Core S&P 500 ETF by 321.1% in the first quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after buying an additional 61 shares during the period. Ables Iannone Moore & Associates Inc. bought a new position in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $44,000. Finally, Evolution Advisers Inc. acquired a new stake in iShares Core S&P 500 ETF during the 4th quarter worth $48,000.

iShares Core S&P 500 ETF Trading Down 0.8 %

Shares of IVV stock traded down $4.72 on Thursday, reaching $559.24. The company had a trading volume of 3,447,745 shares, compared to its average volume of 5,070,355. The stock has a market cap of $482.57 billion, a PE ratio of 25.23 and a beta of 0.99. The company has a 50-day moving average of $549.90 and a 200-day moving average of $528.73. iShares Core S&P 500 ETF has a 12 month low of $411.02 and a 12 month high of $568.24.

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.