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

Bridges Investment Management Inc. raised its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 79.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 127,450 shares of the company’s stock after buying an additional 56,306 shares during the quarter. iShares Core S&P 500 ETF comprises 1.1% of Bridges Investment Management Inc.’s portfolio, making the stock its 29th biggest holding. 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 institutional investors have also added to or reduced their stakes in the company. Commerce Bank grew its holdings in iShares Core S&P 500 ETF by 1.0% during the 4th quarter. Commerce Bank now owns 229,156 shares of the company’s stock valued at $109,452,000 after buying an additional 2,285 shares in the last quarter. SageView Advisory Group LLC lifted its stake in shares of iShares Core S&P 500 ETF by 22.2% in the 4th quarter. SageView Advisory Group LLC now owns 39,174 shares of the company’s stock valued at $19,325,000 after purchasing an additional 7,123 shares during the last quarter. BNP Paribas bought a new stake in shares of iShares Core S&P 500 ETF in the 1st quarter valued at approximately $1,077,000. MONECO Advisors LLC lifted its stake in shares of iShares Core S&P 500 ETF by 1.7% in the 4th quarter. MONECO Advisors LLC now owns 3,320 shares of the company’s stock valued at $1,586,000 after purchasing an additional 54 shares during the last quarter. Finally, True Link Financial Advisors LLC lifted its stake in shares of iShares Core S&P 500 ETF by 9.0% in the 1st quarter. True Link Financial Advisors LLC now owns 266,102 shares of the company’s stock valued at $139,898,000 after purchasing an additional 21,997 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $574.12 on Friday. The firm has a market capitalization 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 1 year low of $411.02 and a 1 year high of $576.10. The business has a 50 day simple moving average of $553.47 and a 200-day simple moving average of $536.61.

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.