Miracle Mile Advisors LLC Has $45.82 Million Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Miracle Mile Advisors LLC raised its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.6% during the 1st quarter, Holdings Channel.com reports. The firm owned 87,161 shares of the company’s stock after acquiring an additional 7,650 shares during the period. iShares Core S&P 500 ETF accounts for 1.1% of Miracle Mile Advisors LLC’s investment portfolio, making the stock its 23rd biggest position. Miracle Mile Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $45,823,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of IVV. Hubbell Strickland Wealth Management LLC grew its position in iShares Core S&P 500 ETF by 0.3% during the first quarter. Hubbell Strickland Wealth Management LLC now owns 35,901 shares of the company’s stock valued at $18,868,000 after purchasing an additional 119 shares in the last quarter. HFG Advisors Inc. increased its stake in shares of iShares Core S&P 500 ETF by 4.8% in the first quarter. HFG Advisors Inc. now owns 2,881 shares of the company’s stock worth $1,515,000 after acquiring an additional 133 shares during the last quarter. Diversified Trust Co raised its holdings in shares of iShares Core S&P 500 ETF by 6.1% during the first quarter. Diversified Trust Co now owns 52,932 shares of the company’s stock worth $27,828,000 after acquiring an additional 3,059 shares in the last quarter. Fifth Third Securities Inc. grew its stake in iShares Core S&P 500 ETF by 3.5% in the first quarter. Fifth Third Securities Inc. now owns 65,420 shares of the company’s stock valued at $34,393,000 after purchasing an additional 2,228 shares in the last quarter. Finally, RHS Financial LLC grew its stake in iShares Core S&P 500 ETF by 1.0% in the first quarter. RHS Financial LLC now owns 7,128 shares of the company’s stock valued at $3,748,000 after purchasing an additional 71 shares in the last quarter.

iShares Core S&P 500 ETF Stock Up 0.2 %

Shares of IVV traded up $1.18 during midday trading on Monday, reaching $548.41. 3,355,669 shares of the stock were exchanged, compared to its average volume of 5,400,702. The company has a market cap of $473.22 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The firm has a 50 day simple moving average of $529.89 and a 200-day simple moving average of $510.05. iShares Core S&P 500 ETF has a 12-month low of $411.02 and a 12-month high of $553.25.

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.