Ferguson Wellman Capital Management Inc. Increases Holdings in iShares Core S&P 500 ETF $IVV

Ferguson Wellman Capital Management Inc. raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 195,292 shares of the company’s stock after purchasing an additional 9,492 shares during the quarter. iShares Core S&P 500 ETF comprises about 2.1% of Ferguson Wellman Capital Management Inc.’s investment portfolio, making the stock its 11th biggest position. Ferguson Wellman Capital Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $130,709,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Falcon Wealth Planning raised its holdings in shares of iShares Core S&P 500 ETF by 0.4% during the 3rd quarter. Falcon Wealth Planning now owns 4,141 shares of the company’s stock valued at $2,771,000 after buying an additional 15 shares during the period. Atwood & Palmer Inc. grew its position in iShares Core S&P 500 ETF by 0.9% in the third quarter. Atwood & Palmer Inc. now owns 1,775 shares of the company’s stock valued at $1,188,000 after acquiring an additional 15 shares in the last quarter. Cathy Pareto & Associates Inc. grew its position in iShares Core S&P 500 ETF by 2.7% in the third quarter. Cathy Pareto & Associates Inc. now owns 578 shares of the company’s stock valued at $387,000 after acquiring an additional 15 shares in the last quarter. Johnson Bixby & Associates LLC raised its stake in shares of iShares Core S&P 500 ETF by 1.2% during the second quarter. Johnson Bixby & Associates LLC now owns 1,403 shares of the company’s stock valued at $871,000 after purchasing an additional 16 shares during the period. Finally, Wealth Watch Advisors INC raised its stake in shares of iShares Core S&P 500 ETF by 1.5% during the second quarter. Wealth Watch Advisors INC now owns 1,098 shares of the company’s stock valued at $682,000 after purchasing an additional 16 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.7%

Shares of IVV stock opened at $697.08 on Friday. The company has a market capitalization of $763.20 billion, a PE ratio of 25.10 and a beta of 1.00. The firm has a fifty day simple moving average of $683.17 and a 200-day simple moving average of $661.77. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $698.37.

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.