Eastern Bank Acquires 13,322 Shares of iShares Core S&P 500 ETF $IVV

Eastern Bank grew its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 150,509 shares of the company’s stock after buying an additional 13,322 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 1.8% of Eastern Bank’s investment portfolio, making the stock its 14th largest holding. Eastern Bank’s holdings in iShares Core S&P 500 ETF were worth $100,736,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. WealthPLAN Partners LLC grew its stake in iShares Core S&P 500 ETF by 3.1% in the 3rd quarter. WealthPLAN Partners LLC now owns 21,193 shares of the company’s stock valued at $14,185,000 after buying an additional 642 shares in the last quarter. Roof Eidam Maycock Peralta LLC grew its position in shares of iShares Core S&P 500 ETF by 1.8% in the third quarter. Roof Eidam Maycock Peralta LLC now owns 22,126 shares of the company’s stock valued at $14,809,000 after purchasing an additional 384 shares in the last quarter. WealthPlan Investment Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 284.5% during the 3rd quarter. WealthPlan Investment Management LLC now owns 39,849 shares of the company’s stock valued at $26,671,000 after purchasing an additional 29,486 shares during the period. WESPAC Advisors LLC lifted its holdings in iShares Core S&P 500 ETF by 79.3% during the 3rd quarter. WESPAC Advisors LLC now owns 10,517 shares of the company’s stock worth $7,039,000 after purchasing an additional 4,651 shares in the last quarter. Finally, GWN Securities Inc. lifted its holdings in iShares Core S&P 500 ETF by 1.0% during the 3rd quarter. GWN Securities Inc. now owns 19,038 shares of the company’s stock worth $12,811,000 after purchasing an additional 197 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.3%

IVV stock opened at $695.32 on Friday. The stock has a 50-day simple moving average of $684.45 and a two-hundred day simple moving average of $663.72. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $699.17. The firm has a market capitalization of $762.80 billion, a PE ratio of 25.10 and a beta of 1.00.

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.