German American Bancorp Inc. Has $34.96 Million Position in iShares Core S&P 500 ETF $IVV

German American Bancorp Inc. raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 56,311 shares of the company’s stock after buying an additional 1,016 shares during the quarter. iShares Core S&P 500 ETF accounts for about 3.4% of German American Bancorp Inc.’s portfolio, making the stock its 8th largest position. German American Bancorp Inc.’s holdings in iShares Core S&P 500 ETF were worth $34,963,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. grew its holdings in iShares Core S&P 500 ETF by 3.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock valued at $20,172,093,000 after purchasing an additional 1,190,963 shares during the period. JPMorgan Chase & Co. raised its holdings 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 purchasing an additional 4,378,977 shares during the period. New Vernon Capital Holdings II LLC boosted its position in shares of iShares Core S&P 500 ETF by 53,779.2% during the first quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock worth $13,921,238,000 after purchasing an additional 24,729,312 shares in the last quarter. Creative Planning grew its holdings in shares of iShares Core S&P 500 ETF by 1.8% in the 2nd quarter. Creative Planning now owns 22,229,974 shares of the company’s stock valued at $13,802,591,000 after buying an additional 398,230 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 0.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 15,375,370 shares of the company’s stock valued at $9,546,567,000 after buying an additional 105,099 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.6%

Shares of iShares Core S&P 500 ETF stock opened at $690.92 on Thursday. The company has a market capitalization of $725.12 billion, a PE 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. The stock’s fifty day simple moving average is $677.29 and its 200 day simple moving average is $648.00.

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.