Morris Financial Concepts Inc. Has $35.44 Million Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Morris Financial Concepts Inc. lifted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.0% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 63,075 shares of the company’s stock after acquiring an additional 23 shares during the period. iShares Core S&P 500 ETF accounts for 14.9% of Morris Financial Concepts Inc.’s portfolio, making the stock its biggest holding. Morris Financial Concepts Inc.’s holdings in iShares Core S&P 500 ETF were worth $35,442,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of IVV. Windsor Advisory Group LLC grew its position in shares of iShares Core S&P 500 ETF by 100.0% during the fourth quarter. Windsor Advisory Group LLC now owns 50 shares of the company’s stock worth $29,000 after acquiring an additional 25 shares during the last quarter. Murphy & Mullick Capital Management Corp acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $30,000. Sellwood Investment Partners LLC acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $32,000. Investment Counsel Co. of Nevada acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $33,000. Finally, Navigoe LLC acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $38,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.8%

IVV stock opened at $628.17 on Friday. The company has a market capitalization of $632.47 billion, a P/E ratio of 25.10 and a beta of 1.00. The company has a 50-day simple moving average of $593.20 and a 200 day simple moving average of $583.67. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $629.25.

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.