iShares Core S&P 500 ETF $IVV is First National Bank of Hutchinson’s Largest Position

First National Bank of Hutchinson decreased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 43,649 shares of the company’s stock after selling 2,224 shares during the quarter. iShares Core S&P 500 ETF comprises 15.5% of First National Bank of Hutchinson’s investment portfolio, making the stock its largest holding. First National Bank of Hutchinson’s holdings in iShares Core S&P 500 ETF were worth $29,214,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Nvwm LLC increased its position in iShares Core S&P 500 ETF by 210.5% during the second quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after buying an additional 40 shares during the last quarter. Hager Investment Management Services LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 2nd quarter worth about $61,000. Winnow Wealth LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter worth about $61,000. Rice Partnership LLC raised its stake in shares of iShares Core S&P 500 ETF by 460.0% in the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after acquiring an additional 92 shares in the last quarter. Finally, Conquis Financial LLC bought a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at approximately $82,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 1.9%

Shares of iShares Core S&P 500 ETF stock opened at $693.78 on Friday. The stock has a market capitalization of $762.60 billion, a P/E ratio of 25.10 and a beta of 1.00. The stock has a 50 day moving average price of $690.05 and a two-hundred day moving average price of $671.34. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $700.97.

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.