Meridian Wealth Partners LLC Sells 321 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Meridian Wealth Partners LLC reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 9,476 shares of the company’s stock after selling 321 shares during the period. iShares Core S&P 500 ETF accounts for about 0.9% of Meridian Wealth Partners LLC’s investment portfolio, making the stock its 18th largest holding. Meridian Wealth Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $5,185,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. E Fund Management Co. Ltd. lifted its holdings in iShares Core S&P 500 ETF by 22.4% during the 2nd quarter. E Fund Management Co. Ltd. now owns 22,756 shares of the company’s stock valued at $12,453,000 after purchasing an additional 4,169 shares during the last quarter. Bradley Foster & Sargent Inc. CT lifted its holdings in iShares Core S&P 500 ETF by 2.6% during the 2nd quarter. Bradley Foster & Sargent Inc. CT now owns 34,338 shares of the company’s stock valued at $18,791,000 after purchasing an additional 877 shares during the last quarter. DecisionPoint Financial LLC lifted its holdings in iShares Core S&P 500 ETF by 25.8% during the 2nd quarter. DecisionPoint Financial LLC now owns 268 shares of the company’s stock valued at $148,000 after purchasing an additional 55 shares during the last quarter. Cranbrook Wealth Management LLC lifted its holdings in iShares Core S&P 500 ETF by 4.3% during the 2nd quarter. Cranbrook Wealth Management LLC now owns 80,905 shares of the company’s stock valued at $44,274,000 after purchasing an additional 3,303 shares during the last quarter. Finally, Axxcess Wealth Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 14.5% in the second quarter. Axxcess Wealth Management LLC now owns 31,621 shares of the company’s stock worth $17,304,000 after acquiring an additional 3,997 shares during the last quarter.

iShares Core S&P 500 ETF Trading Up 0.0 %

Shares of IVV stock opened at $566.20 on Wednesday. iShares Core S&P 500 ETF has a 1 year low of $411.02 and a 1 year high of $569.69. The firm’s 50 day moving average is $553.18 and its 200-day moving average is $536.15. The firm has a market capitalization of $488.57 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.