iShares Core S&P 500 ETF $IVV Shares Sold by Bangor Savings Bank

Bangor Savings Bank lowered its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.2% in the second quarter, Holdings Channel reports. The institutional investor owned 265,936 shares of the company’s stock after selling 33,411 shares during the period. iShares Core S&P 500 ETF makes up about 14.8% of Bangor Savings Bank’s portfolio, making the stock its largest position. Bangor Savings Bank’s holdings in iShares Core S&P 500 ETF were worth $165,119,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Activest Wealth Management lifted its holdings in shares of iShares Core S&P 500 ETF by 1.5% during the first quarter. Activest Wealth Management now owns 1,144 shares of the company’s stock worth $643,000 after buying an additional 17 shares in the last quarter. Graham Capital Wealth Management LLC raised its stake in iShares Core S&P 500 ETF by 2.8% in the first quarter. Graham Capital Wealth Management LLC now owns 660 shares of the company’s stock valued at $371,000 after purchasing an additional 18 shares in the last quarter. GK Wealth Management LLC raised its stake in iShares Core S&P 500 ETF by 1.5% in the first quarter. GK Wealth Management LLC now owns 1,183 shares of the company’s stock valued at $665,000 after purchasing an additional 18 shares in the last quarter. Foresight Capital Management Advisors Inc. raised its stake in iShares Core S&P 500 ETF by 0.3% in the first quarter. Foresight Capital Management Advisors Inc. now owns 7,048 shares of the company’s stock valued at $3,960,000 after purchasing an additional 19 shares in the last quarter. Finally, Westside Investment Management Inc. raised its stake in iShares Core S&P 500 ETF by 2.3% in the first quarter. Westside Investment Management Inc. now owns 849 shares of the company’s stock valued at $477,000 after purchasing an additional 19 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 0.0%

IVV stock opened at $660.72 on Friday. The company has a market cap of $665.54 billion, a PE ratio of 25.10 and a beta of 1.00. The business has a 50-day simple moving average of $640.31 and a 200 day simple moving average of $597.30. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $662.46.

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.