TrustBank Makes New $1.25 Million Investment in iShares Core S&P 500 ETF $IVV

TrustBank acquired a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, HoldingsChannel reports. The fund acquired 1,831 shares of the company’s stock, valued at approximately $1,254,000. iShares Core S&P 500 ETF accounts for about 0.5% of TrustBank’s holdings, making the stock its 23rd biggest position.

Several other institutional investors have also added to or reduced their stakes in the company. Roundview Capital LLC lifted its stake in iShares Core S&P 500 ETF by 2.7% in the fourth quarter. Roundview Capital LLC now owns 17,386 shares of the company’s stock worth $11,909,000 after purchasing an additional 465 shares during the last quarter. King Wealth Management Group lifted its stake in iShares Core S&P 500 ETF by 1.3% in the fourth quarter. King Wealth Management Group now owns 170,844 shares of the company’s stock worth $117,018,000 after purchasing an additional 2,270 shares during the last quarter. Flputnam Investment Management Co. lifted its stake in iShares Core S&P 500 ETF by 2.2% in the fourth quarter. Flputnam Investment Management Co. now owns 1,235,021 shares of the company’s stock worth $845,915,000 after purchasing an additional 26,033 shares during the last quarter. GS Investments Inc. lifted its stake in iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after purchasing an additional 20 shares during the last quarter. Finally, M3 Wealth Management LLC bought a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $736,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $754.03 on Wednesday. The company has a market cap of $832.64 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $586.05 and a 1 year high of $755.68. The firm has a 50-day simple moving average of $700.80 and a two-hundred day simple moving average of $691.30.

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. 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.