US Bancorp DE Purchases 313,078 Shares of iShares S&P 500 ETF (NYSEARCA:IVV)


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US Bancorp DE grew its position in iShares S&P 500 ETF (NYSEARCA:IVV) by 7.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,559,159 shares of the company’s stock after purchasing an additional 313,078 shares during the period. iShares S&P 500 ETF makes up 3.7% of US Bancorp DE’s holdings, making the stock its 2nd largest position. US Bancorp DE owned approximately 0.69% of iShares S&P 500 ETF worth $1,813,756,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Powell Investment Advisors LLC purchased a new stake in shares of iShares S&P 500 ETF in the first quarter worth about $27,000. Joseph P. Lucia & Associates LLC purchased a new position in iShares S&P 500 ETF during the fourth quarter worth approximately $27,000. Perennial Advisors LLC purchased a new position in iShares S&P 500 ETF during the fourth quarter worth approximately $29,000. Horizon Financial Services LLC purchased a new position in iShares S&P 500 ETF during the first quarter worth approximately $33,000. Finally, Adirondack Trust Co. purchased a new position in iShares S&P 500 ETF during the first quarter worth approximately $45,000.

IVV stock traded down $3.86 during mid-day trading on Tuesday, reaching $415.92. 349,905 shares of the company’s stock were exchanged, compared to its average volume of 4,400,086. The stock’s 50 day moving average is $407.20 and its 200 day moving average is $380.12. iShares S&P 500 ETF has a 12-month low of $275.00 and a 12-month high of $422.28.

iShares 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.

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Institutional Ownership by Quarter for iShares S&P 500 ETF (NYSEARCA:IVV)

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