iShares Core S&P 500 ETF (NYSEARCA:IVV) Stake Boosted by BLB&B Advisors LLC

BLB&B Advisors LLC increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 223,354 shares of the company’s stock after buying an additional 22,301 shares during the quarter. iShares Core S&P 500 ETF makes up about 6.6% of BLB&B Advisors LLC’s portfolio, making the stock its 2nd largest position. BLB&B Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $128,835,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Proffitt & Goodson Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 21.2% in the second quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock worth $56,000 after buying an additional 18 shares during the period. TruWealth Advisors LLC increased its stake in iShares Core S&P 500 ETF by 2.0% in the 3rd quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock worth $534,000 after purchasing an additional 18 shares during the period. Global Trust Asset Management LLC lifted its position in iShares Core S&P 500 ETF by 5.3% in the second quarter. Global Trust Asset Management LLC now owns 379 shares of the company’s stock valued at $207,000 after purchasing an additional 19 shares during the last quarter. Indiana Trust & Investment Management Co boosted its stake in shares of iShares Core S&P 500 ETF by 0.5% during the third quarter. Indiana Trust & Investment Management Co now owns 3,524 shares of the company’s stock valued at $2,033,000 after purchasing an additional 19 shares during the period. Finally, Independence Bank of Kentucky grew its holdings in shares of iShares Core S&P 500 ETF by 0.9% in the first quarter. Independence Bank of Kentucky now owns 2,134 shares of the company’s stock worth $1,122,000 after purchasing an additional 20 shares during the last quarter.

iShares Core S&P 500 ETF Stock Down 0.9 %

NYSEARCA:IVV opened at $580.75 on Thursday. The firm has a market capitalization of $501.13 billion, a P/E ratio of 25.23 and a beta of 0.99. The company has a fifty day moving average of $569.03 and a 200 day moving average of $546.61. iShares Core S&P 500 ETF has a 52 week low of $411.02 and a 52 week high of $588.93.

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.