Bridges Investment Management Inc. Acquires 59,647 Shares of iShares Core S&P 500 ETF $IVV

Bridges Investment Management Inc. grew its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 30.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 257,894 shares of the company’s stock after acquiring an additional 59,647 shares during the quarter. iShares Core S&P 500 ETF accounts for about 2.2% of Bridges Investment Management Inc.’s holdings, making the stock its 11th largest position. Bridges Investment Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $176,642,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of IVV. Heck Capital Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth approximately $331,591,000. Bison Wealth LLC raised its holdings in shares of iShares Core S&P 500 ETF by 24.0% in the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock worth $4,591,000 after buying an additional 1,511 shares in the last quarter. Schnieders Capital Management LLC. increased its holdings in iShares Core S&P 500 ETF by 0.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock valued at $3,512,000 after purchasing an additional 45 shares in the last quarter. First Trust Advisors LP increased its holdings in iShares Core S&P 500 ETF by 43.1% during the 2nd quarter. First Trust Advisors LP now owns 6,989 shares of the company’s stock valued at $4,340,000 after purchasing an additional 2,105 shares in the last quarter. Finally, Sei Investments Co. increased its holdings in iShares Core S&P 500 ETF by 1.2% during the 2nd quarter. Sei Investments Co. now owns 8,455 shares of the company’s stock valued at $5,250,000 after purchasing an additional 97 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $763.06 on Wednesday. The business has a fifty day moving average price of $708.13 and a 200 day moving average price of $693.53. iShares Core S&P 500 ETF has a fifty-two week low of $593.93 and a fifty-two week high of $764.00. The stock has a market capitalization of $842.61 billion, a price-to-earnings 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.