Farmers & Merchants Investments Inc. Grows Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Farmers & Merchants Investments Inc. raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 384,487 shares of the company’s stock after buying an additional 4,181 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 6.9% of Farmers & Merchants Investments Inc.’s investment portfolio, making the stock its biggest holding. Farmers & Merchants Investments Inc.’s holdings in iShares Core S&P 500 ETF were worth $216,043,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Marshall Wace LLP lifted its stake in iShares Core S&P 500 ETF by 1.9% in the fourth quarter. Marshall Wace LLP now owns 23,607,000 shares of the company’s stock valued at $13,896,969,000 after buying an additional 446,000 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of iShares Core S&P 500 ETF by 11.8% in the fourth quarter. Wells Fargo & Company MN now owns 17,852,125 shares of the company’s stock valued at $10,509,189,000 after purchasing an additional 1,885,907 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 2.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock valued at $8,902,980,000 after purchasing an additional 338,269 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of iShares Core S&P 500 ETF by 1.3% in the fourth quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock valued at $8,185,485,000 after purchasing an additional 183,962 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in shares of iShares Core S&P 500 ETF by 4.1% in the fourth quarter. Jones Financial Companies Lllp now owns 12,051,651 shares of the company’s stock valued at $7,094,566,000 after purchasing an additional 476,796 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of iShares Core S&P 500 ETF stock opened at $599.79 on Friday. The firm has a 50-day moving average of $569.93 and a 200-day moving average of $583.22. The stock has a market cap of $588.90 billion, a PE ratio of 25.71 and a beta of 1.01. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $616.22.

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.