MBM Wealth Consultants LLC Has $2.69 Million Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

MBM Wealth Consultants LLC reduced its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 4,572 shares of the company’s stock after selling 72 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 0.8% of MBM Wealth Consultants LLC’s portfolio, making the stock its 18th largest position. MBM Wealth Consultants LLC’s holdings in iShares Core S&P 500 ETF were worth $2,686,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of IVV. Modus Advisors LLC acquired a new position in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $32,000. Ulland Investment Advisors LLC acquired a new position in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $32,000. Safe Harbor Fiduciary LLC acquired a new position in iShares Core S&P 500 ETF in the third quarter valued at approximately $33,000. Cedar Wealth Management LLC lifted its holdings in iShares Core S&P 500 ETF by 139.3% in the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $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 in the third quarter valued at approximately $40,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $612.70 on Friday. The company’s 50 day simple moving average is $598.56 and its 200 day simple moving average is $577.13. iShares Core S&P 500 ETF has a fifty-two week low of $485.19 and a fifty-two week high of $612.70. The firm has a market capitalization of $528.70 billion, a P/E ratio of 25.23 and a beta of 0.99.

iShares Core S&P 500 ETF Company Profile

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.