iShares Core S&P 500 ETF (NYSEARCA:IVV) is Melfa Wealth Management Inc.’s 8th Largest Position

Melfa Wealth Management Inc. decreased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,933 shares of the company’s stock after selling 64 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 1.9% of Melfa Wealth Management Inc.’s portfolio, making the stock its 8th biggest position. Melfa Wealth Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $2,904,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Modus Advisors LLC acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth approximately $32,000. Ulland Investment Advisors LLC acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth approximately $32,000. Safe Harbor Fiduciary LLC acquired a new position in iShares Core S&P 500 ETF during the third quarter worth approximately $33,000. Cedar Wealth Management LLC increased its position in iShares Core S&P 500 ETF by 139.3% during the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after buying an additional 39 shares during the period. Finally, Kennebec Savings Bank acquired a new position in iShares Core S&P 500 ETF during the third quarter worth approximately $40,000.

iShares Core S&P 500 ETF Stock Up 0.6 %

IVV opened at $612.70 on Friday. The firm has a market cap of $528.70 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The business’s 50 day moving average is $598.56 and its two-hundred day moving average is $577.13. iShares Core S&P 500 ETF has a 52 week low of $485.19 and a 52 week high of $612.70.

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.