Melfa Wealth Management Inc. Sells 64 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Melfa Wealth Management Inc. lessened its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,933 shares of the company’s stock after selling 64 shares during the period. iShares Core S&P 500 ETF makes up approximately 1.9% of Melfa Wealth Management Inc.’s portfolio, making the stock its 8th biggest holding. 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.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Modus Advisors LLC purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter worth $32,000. Ulland Investment Advisors LLC purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter worth $32,000. Safe Harbor Fiduciary LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the third quarter valued at $33,000. Cedar Wealth Management LLC lifted its position in shares of 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 acquiring an additional 39 shares in the last quarter. Finally, Kennebec Savings Bank purchased a new stake in shares of iShares Core S&P 500 ETF in the third quarter valued at $40,000.

iShares Core S&P 500 ETF Stock Up 0.6 %

Shares of NYSEARCA:IVV opened at $612.70 on Friday. iShares Core S&P 500 ETF has a 52-week low of $485.19 and a 52-week high of $612.70. The stock’s fifty day simple moving average is $598.56 and its 200-day simple moving average is $577.13. The company 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.