iShares Core S&P 500 ETF $IVV Stock Position Lifted by Washington Trust Bank

Washington Trust Bank grew its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 63,533 shares of the company’s stock after purchasing an additional 390 shares during the period. iShares Core S&P 500 ETF accounts for about 3.3% of Washington Trust Bank’s portfolio, making the stock its 7th biggest position. Washington Trust Bank’s holdings in iShares Core S&P 500 ETF were worth $39,448,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. New Vernon Capital Holdings II LLC raised its position in shares of iShares Core S&P 500 ETF by 53,779.2% in the 1st quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock valued at $13,921,238,000 after purchasing an additional 24,729,312 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares Core S&P 500 ETF by 31.4% in the first quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock worth $13,425,259,000 after buying an additional 5,708,115 shares during the last quarter. Millennium Management LLC lifted its stake in shares of iShares Core S&P 500 ETF by 67.7% during the first quarter. Millennium Management LLC now owns 9,308,270 shares of the company’s stock worth $5,230,317,000 after buying an additional 3,757,143 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 27.7% during the first quarter. Goldman Sachs Group Inc. now owns 12,472,337 shares of the company’s stock valued at $7,008,206,000 after buying an additional 2,703,613 shares during the last quarter. Finally, Wealthspire Advisors LLC increased its position in shares of iShares Core S&P 500 ETF by 102.8% in the 1st quarter. Wealthspire Advisors LLC now owns 5,183,932 shares of the company’s stock valued at $2,912,851,000 after acquiring an additional 2,627,461 shares during the period. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $680.91 on Thursday. The business has a fifty day moving average of $667.35 and a 200 day moving average of $628.70. The firm has a market capitalization of $714.62 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year 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.