Eastern Bank Acquires 13,322 Shares of iShares Core S&P 500 ETF $IVV

Eastern Bank lifted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 150,509 shares of the company’s stock after acquiring an additional 13,322 shares during the quarter. iShares Core S&P 500 ETF accounts for about 1.8% of Eastern Bank’s holdings, making the stock its 14th largest position. Eastern Bank’s holdings in iShares Core S&P 500 ETF were worth $100,736,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Core S&P 500 ETF by 3.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock worth $20,172,093,000 after purchasing an additional 1,190,963 shares during the period. JPMorgan Chase & Co. raised its position in iShares Core S&P 500 ETF by 18.3% in the second quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock worth $17,553,830,000 after acquiring an additional 4,378,977 shares during the period. Creative Planning boosted its stake in iShares Core S&P 500 ETF by 1.8% in the second quarter. Creative Planning now owns 22,229,974 shares of the company’s stock valued at $13,802,591,000 after acquiring an additional 398,230 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in iShares Core S&P 500 ETF by 0.7% in the second quarter. PNC Financial Services Group Inc. now owns 15,375,370 shares of the company’s stock valued at $9,546,567,000 after acquiring an additional 105,099 shares during the last quarter. Finally, Nisa Investment Advisors LLC grew its position in shares of iShares Core S&P 500 ETF by 56.2% during the 3rd quarter. Nisa Investment Advisors LLC now owns 11,955,236 shares of the company’s stock valued at $8,001,639,000 after acquiring an additional 4,301,015 shares during the period. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Up 0.3%

Shares of IVV stock opened at $695.32 on Friday. The firm has a market cap of $762.80 billion, a P/E ratio of 25.10 and a beta of 1.00. The company has a 50 day moving average of $684.45 and a 200-day moving average of $663.72. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $699.17.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.