First Bancorp Inc ME Has $3.76 Million Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

First Bancorp Inc ME lessened its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,514 shares of the company’s stock after selling 23 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 2.6% of First Bancorp Inc ME’s investment portfolio, making the stock its 8th biggest holding. First Bancorp Inc ME’s holdings in iShares Core S&P 500 ETF were worth $3,757,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in IVV. BNP Paribas bought a new position in iShares Core S&P 500 ETF in the first quarter valued at approximately $1,077,000. True Link Financial Advisors LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 9.0% in the 1st quarter. True Link Financial Advisors LLC now owns 266,102 shares of the company’s stock valued at $139,898,000 after buying an additional 21,997 shares during the last quarter. Financial Management Professionals Inc. grew its stake in shares of iShares Core S&P 500 ETF by 267.1% in the first quarter. Financial Management Professionals Inc. now owns 257 shares of the company’s stock valued at $135,000 after buying an additional 187 shares in the last quarter. Lane & Associates LLC increased its holdings in iShares Core S&P 500 ETF by 2.2% during the first quarter. Lane & Associates LLC now owns 4,117 shares of the company’s stock worth $2,165,000 after buying an additional 90 shares during the last quarter. Finally, Pinnacle Bancorp Inc. raised its position in iShares Core S&P 500 ETF by 3.7% during the first quarter. Pinnacle Bancorp Inc. now owns 8,052 shares of the company’s stock worth $4,233,000 after acquiring an additional 284 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $587.46 on Friday. The company has a market cap of $506.92 billion, a PE ratio of 25.23 and a beta of 0.99. The firm has a 50-day moving average of $566.53 and a 200-day moving average of $545.24. iShares Core S&P 500 ETF has a one year low of $411.02 and a one year high of $588.93.

iShares Core 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.