Ledyard National Bank Acquires 1,323 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Ledyard National Bank boosted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 123,797 shares of the company’s stock after buying an additional 1,323 shares during the quarter. iShares Core S&P 500 ETF accounts for 6.5% of Ledyard National Bank’s investment portfolio, making the stock its 2nd largest position. Ledyard National Bank’s holdings in iShares Core S&P 500 ETF were worth $71,409,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in shares of iShares Core S&P 500 ETF by 60.7% in the 1st quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock valued at $10,599,462,000 after purchasing an additional 7,615,287 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 21.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock valued at $19,725,973,000 after purchasing an additional 6,319,531 shares in the last quarter. Marshall Wace LLP raised its holdings in shares of iShares Core S&P 500 ETF by 34.5% in the 2nd quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock valued at $12,319,789,000 after purchasing an additional 5,774,400 shares in the last quarter. Squarepoint Ops LLC raised its holdings in shares of iShares Core S&P 500 ETF by 125.6% in the 2nd quarter. Squarepoint Ops LLC now owns 4,400,000 shares of the company’s stock valued at $2,407,812,000 after purchasing an additional 2,450,000 shares in the last quarter. Finally, Millennium Management LLC raised its holdings in shares of iShares Core S&P 500 ETF by 54.8% in the 2nd quarter. Millennium Management LLC now owns 6,013,175 shares of the company’s stock valued at $3,290,590,000 after purchasing an additional 2,129,220 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $586.12 on Wednesday. The firm’s fifty day moving average price is $568.35 and its 200 day moving average price is $546.36. The company has a market capitalization of $505.76 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 $411.02 and a 12 month high of $588.93.

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.