Bridges Investment Management Inc. Has $176.64 Million Holdings in iShares Core S&P 500 ETF $IVV

Bridges Investment Management Inc. raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 30.1% in the 4th quarter, HoldingsChannel reports. The fund owned 257,894 shares of the company’s stock after buying an additional 59,647 shares during the quarter. iShares Core S&P 500 ETF accounts for about 2.2% of Bridges Investment Management Inc.’s holdings, making the stock its 11th biggest holding. Bridges Investment Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $176,642,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVV. Heck Capital Advisors LLC acquired a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at about $331,591,000. Bison Wealth LLC increased its stake in shares of iShares Core S&P 500 ETF by 24.0% in the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock valued at $4,591,000 after buying an additional 1,511 shares during the period. Schnieders Capital Management LLC. increased its stake in shares of iShares Core S&P 500 ETF by 0.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock valued at $3,512,000 after buying an additional 45 shares during the period. First Trust Advisors LP increased its stake in shares of iShares Core S&P 500 ETF by 43.1% in the 2nd quarter. First Trust Advisors LP now owns 6,989 shares of the company’s stock valued at $4,340,000 after buying an additional 2,105 shares during the period. Finally, Sei Investments Co. increased its stake in shares of iShares Core S&P 500 ETF by 1.2% in the 2nd quarter. Sei Investments Co. now owns 8,455 shares of the company’s stock valued at $5,250,000 after buying an additional 97 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $763.06 on Wednesday. The stock has a fifty day moving average of $708.13 and a 200-day moving average of $693.53. The stock has a market capitalization of $842.61 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52 week low of $593.93 and a 52 week high of $764.00.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.