Main Street Financial Solutions LLC Grows Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Main Street Financial Solutions LLC raised its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 18,775 shares of the company’s stock after purchasing an additional 633 shares during the period. iShares Core S&P 500 ETF accounts for 1.0% of Main Street Financial Solutions LLC’s holdings, making the stock its 18th biggest position. Main Street Financial Solutions LLC’s holdings in iShares Core S&P 500 ETF were worth $10,830,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. 1620 Investment Advisors Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the 2nd quarter valued at $36,000. Kennebec Savings Bank bought a new position in shares of iShares Core S&P 500 ETF in the third quarter worth about $40,000. Covestor Ltd boosted its stake in shares of iShares Core S&P 500 ETF by 321.1% in the first quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after acquiring an additional 61 shares during the period. Christopher J. Hasenberg Inc grew its position in shares of iShares Core S&P 500 ETF by 65.6% during the third quarter. Christopher J. Hasenberg Inc now owns 101 shares of the company’s stock worth $58,000 after purchasing an additional 40 shares in the last quarter. Finally, Proffitt & Goodson Inc. raised its stake in iShares Core S&P 500 ETF by 21.2% during the 2nd quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock valued at $56,000 after purchasing an additional 18 shares during the period.

iShares Core S&P 500 ETF Stock Up 0.1 %

IVV stock traded up $0.69 during midday trading on Wednesday, hitting $600.44. The company’s stock had a trading volume of 787,642 shares, compared to its average volume of 5,063,784. The firm has a market capitalization of $518.12 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12 month low of $448.11 and a 12 month high of $603.09. The company has a 50 day moving average of $575.85 and a two-hundred day moving average of $554.42.

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.