Miracle Mile Advisors LLC Acquires 8,428 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Miracle Mile Advisors LLC grew its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 98,066 shares of the company’s stock after buying an additional 8,428 shares during the period. iShares Core S&P 500 ETF accounts for about 1.2% of Miracle Mile Advisors LLC’s investment portfolio, making the stock its 24th largest position. Miracle Mile Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $57,729,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Modus Advisors LLC bought a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at $32,000. Safe Harbor Fiduciary LLC purchased a new position in iShares Core S&P 500 ETF in the third quarter worth about $33,000. Cedar Wealth Management LLC increased its stake 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 acquiring an additional 39 shares during the last quarter. Kennebec Savings Bank purchased a new stake in iShares Core S&P 500 ETF during the third quarter valued at approximately $40,000. Finally, Brooklyn Investment Group bought a new stake in iShares Core S&P 500 ETF in the third quarter worth $42,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $584.18 on Tuesday. iShares Core S&P 500 ETF has a 1 year low of $472.11 and a 1 year high of $612.09. The firm has a market capitalization of $504.09 billion, a PE ratio of 25.23 and a beta of 0.99. The business has a 50 day simple moving average of $598.24 and a two-hundred day simple moving average of $575.02.

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.