MidAtlantic Capital Management Inc. Has $9.91 Million Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

MidAtlantic Capital Management Inc. grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 16,831 shares of the company’s stock after purchasing an additional 601 shares during the period. iShares Core S&P 500 ETF accounts for about 7.3% of MidAtlantic Capital Management Inc.’s investment portfolio, making the stock its 2nd largest holding. MidAtlantic Capital Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $9,908,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of IVV. International Assets Investment Management LLC lifted its position in iShares Core S&P 500 ETF by 67,668.9% in the 3rd quarter. International Assets Investment Management LLC now owns 10,247,335 shares of the company’s stock worth $5,910,868,000 after buying an additional 10,232,214 shares during the last quarter. Nisa Investment Advisors LLC purchased a new position in iShares Core S&P 500 ETF in the 4th quarter worth approximately $5,813,061,000. MKP Capital Management L.L.C. purchased a new position in iShares Core S&P 500 ETF in the 4th quarter worth approximately $1,568,883,000. JPMorgan Chase & Co. increased its stake in iShares Core S&P 500 ETF by 11.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after purchasing an additional 2,187,803 shares during the period. Finally, Strategic Financial Concepts LLC increased its stake in iShares Core S&P 500 ETF by 57,207.1% in the 4th quarter. Strategic Financial Concepts LLC now owns 2,048,157 shares of the company’s stock worth $1,205,709,000 after purchasing an additional 2,044,583 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $612.68 on Friday. The business’s 50 day simple moving average is $600.69 and its two-hundred day simple moving average is $582.57. The stock has a market capitalization of $528.68 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a one year low of $495.94 and a one year high of $613.93.

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.