iShares Core S&P 500 ETF $IVV Shares Acquired by First PREMIER Bank

First PREMIER Bank lifted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 138.6% during the second quarter, Holdings Channel reports. The institutional investor owned 8,376 shares of the ETF’s stock after acquiring an additional 4,865 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 0.9% of First PREMIER Bank’s investment portfolio, making the stock its 28th largest position. First PREMIER Bank’s holdings in iShares Core S&P 500 ETF were worth $6,273,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. boosted its position in iShares Core S&P 500 ETF by 1.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 35,018,846 shares of the ETF’s stock worth $26,225,264,000 after purchasing an additional 421,146 shares in the last quarter. Marshall Wace LLP increased its holdings in shares of iShares Core S&P 500 ETF by 17.9% during the 4th quarter. Marshall Wace LLP now owns 32,452,900 shares of the ETF’s stock valued at $22,228,289,000 after purchasing an additional 4,928,585 shares in the last quarter. Creative Planning increased its holdings in shares of iShares Core S&P 500 ETF by 2.3% during the 3rd quarter. Creative Planning now owns 22,735,267 shares of the ETF’s stock valued at $15,216,714,000 after purchasing an additional 505,293 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of iShares Core S&P 500 ETF by 27.7% in the 4th quarter. Bank of America Corp DE now owns 21,696,475 shares of the ETF’s stock valued at $14,860,784,000 after purchasing an additional 4,709,612 shares during the period. Finally, Corient Private Wealth LLC lifted its stake in shares of iShares Core S&P 500 ETF by 400.8% in the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock valued at $11,935,288,000 after purchasing an additional 13,946,081 shares during the period. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $770.74 on Tuesday. The company has a market capitalization of $895.25 billion, a PE ratio of 25.10 and a beta of 1.00. The company’s fifty day moving average price is $757.80 and its 200 day moving average price is $724.92. iShares Core S&P 500 ETF has a 1 year low of $632.14 and a 1 year high of $783.09.

About iShares Core S&P 500 ETF

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.