Murphy Middleton Hinkle & Parker Inc. Has $1.78 Million Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Murphy Middleton Hinkle & Parker Inc. trimmed its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,002 shares of the company’s stock after selling 289 shares during the quarter. iShares Core S&P 500 ETF accounts for 1.1% of Murphy Middleton Hinkle & Parker Inc.’s portfolio, making the stock its 28th largest holding. Murphy Middleton Hinkle & Parker Inc.’s holdings in iShares Core S&P 500 ETF were worth $1,784,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Kozak & Associates Inc. increased its position in shares of iShares Core S&P 500 ETF by 7,000.0% during the 2nd quarter. Kozak & Associates Inc. now owns 71 shares of the company’s stock worth $32,000 after purchasing an additional 70 shares in the last quarter. Studio Investment Management LLC bought a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $33,000. ZRC Wealth Management LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the first quarter worth approximately $43,000. Financial Freedom LLC bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at approximately $52,000. Finally, Laffer Tengler Investments acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth approximately $55,000.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV traded up $2.35 during midday trading on Thursday, reaching $451.23. The company’s stock had a trading volume of 797,500 shares, compared to its average volume of 3,999,660. The business’s fifty day simple moving average is $449.61 and its 200-day simple moving average is $427.67. The company has a market capitalization of $349.09 billion, a P/E ratio of 18.43 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $349.53 and a fifty-two week high of $461.88.

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.