BankPlus Trust Department Makes New $76.10 Million Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

BankPlus Trust Department bought a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 129,279 shares of the company’s stock, valued at approximately $76,104,000. iShares Core S&P 500 ETF makes up approximately 25.0% of BankPlus Trust Department’s investment portfolio, making the stock its largest position.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Balboa Wealth Partners increased its holdings in shares of iShares Core S&P 500 ETF by 1.3% in the third quarter. Balboa Wealth Partners now owns 1,292 shares of the company’s stock valued at $745,000 after purchasing an additional 17 shares during the last quarter. Lewis Asset Management LLC grew its stake in iShares Core S&P 500 ETF by 2.9% in the 3rd quarter. Lewis Asset Management LLC now owns 631 shares of the company’s stock valued at $364,000 after buying an additional 18 shares during the last quarter. Hassell Wealth Management LLC raised its holdings in iShares Core S&P 500 ETF by 2.6% in the 3rd quarter. Hassell Wealth Management LLC now owns 700 shares of the company’s stock valued at $400,000 after acquiring an additional 18 shares during the period. Sandbox Financial Partners LLC lifted its position in iShares Core S&P 500 ETF by 1.1% during the fourth quarter. Sandbox Financial Partners LLC now owns 1,654 shares of the company’s stock worth $974,000 after acquiring an additional 18 shares during the last quarter. Finally, Dodds Wealth LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 0.9% during the fourth quarter. Dodds Wealth LLC now owns 1,995 shares of the company’s stock worth $1,216,000 after acquiring an additional 18 shares during the period.

iShares Core S&P 500 ETF Stock Down 1.7 %

Shares of iShares Core S&P 500 ETF stock opened at $602.87 on Monday. The company has a 50-day simple moving average of $601.14 and a two-hundred day simple moving average of $586.39. iShares Core S&P 500 ETF has a twelve month low of $496.30 and a twelve month high of $616.22. The stock has a market capitalization of $520.22 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.