MTM Investment Management LLC Has $169,000 Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

MTM Investment Management LLC boosted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.9% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 308 shares of the company’s stock after purchasing an additional 20 shares during the period. MTM Investment Management LLC’s holdings in iShares Core S&P 500 ETF were worth $169,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IVV. JPMorgan Chase & Co. raised its holdings in shares of iShares Core S&P 500 ETF by 60.7% during the first quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock valued at $10,599,462,000 after purchasing an additional 7,615,287 shares during the period. Alberta Investment Management Corp bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $1,128,876,000. Pathstone Holdings LLC bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $1,083,439,000. Cetera Investment Advisers increased its position in shares of iShares Core S&P 500 ETF by 109.4% during the first quarter. Cetera Investment Advisers now owns 2,265,933 shares of the company’s stock worth $1,191,269,000 after acquiring an additional 1,183,770 shares in the last quarter. Finally, Bank of Nova Scotia increased its position in shares of iShares Core S&P 500 ETF by 4,197.5% during the fourth quarter. Bank of Nova Scotia now owns 1,193,203 shares of the company’s stock worth $569,890,000 after acquiring an additional 1,165,438 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV traded down $1.60 during midday trading on Monday, hitting $563.63. 5,849,244 shares of the company’s stock were exchanged, compared to its average volume of 5,059,192. The stock has a 50 day moving average price of $550.63 and a 200-day moving average price of $530.09. The company has a market cap of $486.36 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12 month low of $411.02 and a 12 month high of $568.24.

iShares Core S&P 500 ETF 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.