iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Bought by Mechanics Bank Trust Department

Mechanics Bank Trust Department boosted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,585 shares of the company’s stock after buying an additional 105 shares during the quarter. Mechanics Bank Trust Department’s holdings in iShares Core S&P 500 ETF were worth $1,491,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. 1620 Investment Advisors Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the second quarter valued at about $36,000. Thompson Investment Management Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the first quarter valued at about $37,000. Covestor Ltd increased its holdings in shares of iShares Core S&P 500 ETF by 321.1% in the first quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after purchasing an additional 61 shares during the period. Ables Iannone Moore & Associates Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $44,000. Finally, Christopher J. Hasenberg Inc increased its holdings in shares of iShares Core S&P 500 ETF by 65.6% in the third quarter. Christopher J. Hasenberg Inc now owns 101 shares of the company’s stock valued at $58,000 after purchasing an additional 40 shares during the period.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $582.35 on Friday. The stock’s 50-day simple moving average is $560.69 and its 200-day simple moving average is $543.12. The firm has a market capitalization of $502.51 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a fifty-two week low of $411.02 and a fifty-two week high of $583.09.

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.