Bridges Investment Management Inc. Grows Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Bridges Investment Management Inc. increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 79.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 127,450 shares of the company’s stock after purchasing an additional 56,306 shares during the quarter. iShares Core S&P 500 ETF makes up about 1.1% of Bridges Investment Management Inc.’s holdings, making the stock its 29th biggest position. Bridges Investment Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $69,744,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Proffitt & Goodson Inc. lifted its holdings in iShares Core S&P 500 ETF by 21.2% in the second quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock valued at $56,000 after acquiring an additional 18 shares during the period. Global Trust Asset Management LLC lifted its holdings in iShares Core S&P 500 ETF by 5.3% in the second quarter. Global Trust Asset Management LLC now owns 379 shares of the company’s stock valued at $207,000 after acquiring an additional 19 shares during the period. Independence Bank of Kentucky lifted its holdings in iShares Core S&P 500 ETF by 0.9% in the first quarter. Independence Bank of Kentucky now owns 2,134 shares of the company’s stock valued at $1,122,000 after acquiring an additional 20 shares during the period. Unionview LLC lifted its holdings in iShares Core S&P 500 ETF by 0.6% in the first quarter. Unionview LLC now owns 3,293 shares of the company’s stock valued at $1,731,000 after acquiring an additional 20 shares during the period. Finally, MTM Investment Management LLC lifted its holdings in iShares Core S&P 500 ETF by 6.9% in the second quarter. MTM Investment Management LLC now owns 308 shares of the company’s stock valued at $169,000 after acquiring an additional 20 shares during the period.

iShares Core S&P 500 ETF Stock Up 1.7 %

Shares of IVV opened at $574.12 on Friday. The business has a 50-day simple moving average of $553.47 and a two-hundred day simple moving average of $536.61. The stock has a market cap of $495.41 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 52 week low of $411.02 and a 52 week high of $576.10.

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.