Bridges Investment Management Inc. Buys 24,474 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Bridges Investment Management Inc. grew its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 19.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 151,924 shares of the company’s stock after purchasing an additional 24,474 shares during the quarter. iShares Core S&P 500 ETF makes up 1.2% of Bridges Investment Management Inc.’s investment portfolio, making the stock its 22nd largest position. Bridges Investment Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $87,633,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. 1620 Investment Advisors Inc. acquired a new position in shares of iShares Core S&P 500 ETF during the 2nd quarter worth approximately $36,000. Covestor Ltd grew its position in iShares Core S&P 500 ETF by 321.1% during the first quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after buying an additional 61 shares in the last quarter. LRI Investments LLC bought a new position in iShares Core S&P 500 ETF during the 1st quarter worth $55,000. Proffitt & Goodson Inc. lifted its position in shares of iShares Core S&P 500 ETF by 21.2% during the 2nd quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock valued at $56,000 after acquiring an additional 18 shares during the period. Finally, Christopher J. Hasenberg Inc grew its holdings in shares of iShares Core S&P 500 ETF by 65.6% during the 3rd quarter. Christopher J. Hasenberg Inc now owns 101 shares of the company’s stock worth $58,000 after purchasing an additional 40 shares in the last quarter.

iShares Core S&P 500 ETF Stock Up 0.4 %

IVV stock opened at $601.13 on Friday. iShares Core S&P 500 ETF has a 52 week low of $435.37 and a 52 week high of $602.56. The business has a 50-day simple moving average of $574.26 and a 200 day simple moving average of $552.49. The company has a market cap of $518.72 billion, a PE ratio of 25.23 and a beta of 0.99.

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.