Enterprise Bank & Trust Co Acquires 313 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Enterprise Bank & Trust Co grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 7,301 shares of the company’s stock after acquiring an additional 313 shares during the quarter. iShares Core S&P 500 ETF makes up 1.4% of Enterprise Bank & Trust Co’s holdings, making the stock its 16th biggest holding. Enterprise Bank & Trust Co’s holdings in iShares Core S&P 500 ETF were worth $4,211,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. 1620 Investment Advisors Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at approximately $36,000. Thompson Investment Management Inc. purchased a new stake in iShares Core S&P 500 ETF during the 1st quarter valued at $37,000. Covestor Ltd lifted its position in iShares Core S&P 500 ETF by 321.1% in the first quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after buying an additional 61 shares during the last quarter. Ables Iannone Moore & Associates Inc. purchased a new position in iShares Core S&P 500 ETF during the fourth quarter worth $44,000. Finally, Richardson Financial Services Inc. purchased a new position in iShares Core S&P 500 ETF during the fourth quarter worth $49,000.

iShares Core S&P 500 ETF Trading Up 0.7 %

Shares of IVV opened at $579.85 on Thursday. The company’s fifty day simple moving average is $558.58 and its 200-day simple moving average is $542.03. The company has a market cap of $500.35 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a twelve month low of $411.02 and a twelve month high of $580.47.

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.