iShares Core S&P 500 ETF (NYSEARCA:IVV) is Montecito Bank & Trust’s 5th Largest Position

Montecito Bank & Trust boosted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,589 shares of the company’s stock after purchasing an additional 774 shares during the period. iShares Core S&P 500 ETF comprises 2.6% of Montecito Bank & Trust’s investment portfolio, making the stock its 5th largest position. Montecito Bank & Trust’s holdings in iShares Core S&P 500 ETF were worth $15,064,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Modus Advisors LLC purchased a new stake in iShares Core S&P 500 ETF in the 4th quarter worth approximately $32,000. Ulland Investment Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $32,000. Safe Harbor Fiduciary LLC purchased a new stake in iShares Core S&P 500 ETF in the third quarter worth $33,000. Cedar Wealth Management LLC boosted its holdings in iShares Core S&P 500 ETF by 139.3% in the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after acquiring an additional 39 shares in the last quarter. Finally, Kennebec Savings Bank purchased a new position in iShares Core S&P 500 ETF during the 3rd quarter valued at $40,000.

iShares Core S&P 500 ETF Trading Down 0.3 %

NYSEARCA:IVV opened at $610.89 on Friday. The company has a 50-day moving average price of $599.34 and a 200-day moving average price of $577.74. The stock has a market cap of $527.14 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 $485.19 and a 12 month high of $613.79.

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.