iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Purchased by Bridges Investment Management Inc.

Bridges Investment Management Inc. raised its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 163,326 shares of the company’s stock after purchasing an additional 11,402 shares during the quarter. iShares Core S&P 500 ETF comprises 1.3% of Bridges Investment Management Inc.’s portfolio, making the stock its 22nd largest position. Bridges Investment Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $96,147,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wealth Group Ltd. boosted its stake in iShares Core S&P 500 ETF by 1.9% during the 3rd quarter. Wealth Group Ltd. now owns 190,541 shares of the company’s stock valued at $109,908,000 after acquiring an additional 3,630 shares during the last quarter. Forte Asset Management LLC lifted its position in shares of iShares Core S&P 500 ETF by 1.2% in the 3rd quarter. Forte Asset Management LLC now owns 10,630 shares of the company’s stock worth $6,132,000 after buying an additional 127 shares during the last quarter. Stephens Inc. AR lifted its position in shares of iShares Core S&P 500 ETF by 19.9% in the 3rd quarter. Stephens Inc. AR now owns 12,121 shares of the company’s stock worth $6,992,000 after buying an additional 2,009 shares during the last quarter. Arvest Bank Trust Division bought a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter worth about $102,003,000. Finally, GR Financial Group LLC bought a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter worth about $284,836,000.

iShares Core S&P 500 ETF Stock Performance

iShares Core S&P 500 ETF stock opened at $597.04 on Friday. The firm’s 50-day moving average is $601.07 and its 200-day moving average is $588.09. iShares Core S&P 500 ETF has a 1 year low of $496.30 and a 1 year high of $616.22. The company has a market cap of $593.85 billion, a P/E ratio of 26.66 and a beta of 1.01.

iShares Core S&P 500 ETF 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.