Bremer Bank National Association Raises Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Bremer Bank National Association lifted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 24.5% during the second quarter, Holdings Channel.com reports. The firm owned 22,989 shares of the company’s stock after acquiring an additional 4,519 shares during the period. iShares Core S&P 500 ETF accounts for about 2.5% of Bremer Bank National Association’s portfolio, making the stock its 5th biggest position. Bremer Bank National Association’s holdings in iShares Core S&P 500 ETF were worth $12,580,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Lodestar Private Asset Management LLC raised its position in iShares Core S&P 500 ETF by 3.3% in the fourth quarter. Lodestar Private Asset Management LLC now owns 108,747 shares of the company’s stock worth $51,941,000 after acquiring an additional 3,431 shares in the last quarter. Morris Financial Concepts Inc. increased its stake in iShares Core S&P 500 ETF by 13.3% in the 4th quarter. Morris Financial Concepts Inc. now owns 46,744 shares of the company’s stock worth $22,326,000 after purchasing an additional 5,482 shares in the last quarter. Cahill Wealth Management LLC increased its stake in iShares Core S&P 500 ETF by 1.1% in the 4th quarter. Cahill Wealth Management LLC now owns 124,213 shares of the company’s stock worth $59,328,000 after purchasing an additional 1,324 shares in the last quarter. Keystone Financial Services increased its stake in iShares Core S&P 500 ETF by 11.2% in the 4th quarter. Keystone Financial Services now owns 137,167 shares of the company’s stock worth $65,515,000 after purchasing an additional 13,780 shares in the last quarter. Finally, Bull Oak Capital LLC increased its stake in iShares Core S&P 500 ETF by 13.9% in the 4th quarter. Bull Oak Capital LLC now owns 48,493 shares of the company’s stock worth $23,162,000 after purchasing an additional 5,920 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

IVV traded up $1.78 during trading on Wednesday, reaching $546.81. The company had a trading volume of 4,029,269 shares, compared to its average volume of 5,114,527. The firm’s 50-day simple moving average is $547.22 and its 200 day simple moving average is $525.98. The company has a market cap of $471.84 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12-month low of $411.02 and a 12-month high of $568.24.

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.