Mechanics Financial Corp Increases Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Mechanics Financial Corp grew its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVVFree Report) by 3.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 12,278 shares of the company’s stock after buying an additional 391 shares during the quarter. iShares Core S&P 500 ETF comprises about 3.2% of Mechanics Financial Corp’s investment portfolio, making the stock its 5th largest position. Mechanics Financial Corp’s holdings in iShares Core S&P 500 ETF were worth $7,228,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. SYM FINANCIAL Corp bought a new position in iShares Core S&P 500 ETF during the 4th quarter valued at approximately $30,000. Murphy & Mullick Capital Management Corp bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $30,000. Modus Advisors LLC purchased a new stake in iShares Core S&P 500 ETF in the fourth quarter worth $32,000. Ulland Investment Advisors LLC bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at $32,000. Finally, Sellwood Investment Partners LLC purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at $32,000.

iShares Core S&P 500 ETF Trading Down 2.0 %

Shares of NYSEARCA IVV opened at $558.12 on Friday. The firm has a fifty day simple moving average of $591.49 and a two-hundred day simple moving average of $589.45. The firm has a market capitalization of $537.47 billion, a PE ratio of 24.98 and a beta of 1.01. iShares Core S&P 500 ETF has a 12 month low of $496.30 and a 12 month high of $616.22.

iShares Core S&P 500 ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Core S&P 500 ETF (NYSEARCA:IVV)

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