iShares Core S&P 500 ETF $IVV Position Increased by 1ST Source Bank

1ST Source Bank increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 19.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,722 shares of the company’s stock after acquiring an additional 600 shares during the quarter. 1ST Source Bank’s holdings in iShares Core S&P 500 ETF were worth $2,311,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Flaharty Asset Management LLC acquired a new position in iShares Core S&P 500 ETF during the first quarter valued at $28,000. Lord & Richards Wealth Management LLC purchased a new position in iShares Core S&P 500 ETF during the 1st quarter valued at about $31,000. Nvwm LLC increased its holdings in shares of iShares Core S&P 500 ETF by 210.5% in the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after purchasing an additional 40 shares during the period. Cheviot Value Management LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 1st quarter valued at about $52,000. Finally, Hager Investment Management Services LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the second quarter worth approximately $61,000. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Up 0.1%

Shares of NYSEARCA:IVV opened at $674.34 on Friday. The firm has a fifty day moving average of $668.29 and a two-hundred day moving average of $630.81. The firm has a market capitalization of $707.72 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $693.07.

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.