iShares Core S&P 500 ETF $IVV is Washington Trust Bank’s 6th Largest Position

Washington Trust Bank boosted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.6% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 67,490 shares of the ETF’s stock after buying an additional 2,329 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 3.5% of Washington Trust Bank’s investment portfolio, making the stock its 6th biggest holding. Washington Trust Bank’s holdings in iShares Core S&P 500 ETF were worth $50,543,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in IVV. Punch & Associates Investment Management Inc. grew its holdings in iShares Core S&P 500 ETF by 50.0% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after buying an additional 14 shares during the period. Hidden Cove Wealth Management LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 3.5% during the 2nd quarter. Hidden Cove Wealth Management LLC now owns 409 shares of the ETF’s stock worth $306,000 after acquiring an additional 14 shares during the period. Gratus Wealth Advisors LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 0.3% during the 4th quarter. Gratus Wealth Advisors LLC now owns 4,776 shares of the ETF’s stock worth $3,272,000 after acquiring an additional 15 shares during the period. Bridgewealth Advisory Group LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 4.6% during the 4th quarter. Bridgewealth Advisory Group LLC now owns 343 shares of the ETF’s stock worth $235,000 after acquiring an additional 15 shares during the period. Finally, Wealthgarden F.S. LLC boosted its position in shares of iShares Core S&P 500 ETF by 0.3% in the fourth quarter. Wealthgarden F.S. LLC now owns 5,904 shares of the ETF’s stock worth $4,109,000 after acquiring an additional 15 shares during the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Performance

iShares Core S&P 500 ETF stock opened at $773.00 on Friday. iShares Core S&P 500 ETF has a 1 year low of $632.14 and a 1 year high of $783.09. The firm has a 50 day moving average price of $757.34 and a 200 day moving average price of $724.19. The company has a market cap of $897.88 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.