CoreFirst Bank & Trust Makes New Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

CoreFirst Bank & Trust acquired a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 6,215 shares of the company’s stock, valued at approximately $3,659,000. iShares Core S&P 500 ETF accounts for approximately 2.2% of CoreFirst Bank & Trust’s investment portfolio, making the stock its 10th largest holding.

Several other hedge funds have also recently bought and sold shares of IVV. Arvest Bank Trust Division bought a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter worth about $102,003,000. United Bank increased its holdings in shares of iShares Core S&P 500 ETF by 22.2% during the third quarter. United Bank now owns 1,079 shares of the company’s stock worth $622,000 after buying an additional 196 shares in the last quarter. Citigroup Inc. grew its position in iShares Core S&P 500 ETF by 2.8% during the 3rd quarter. Citigroup Inc. now owns 97,743 shares of the company’s stock worth $56,380,000 after acquiring an additional 2,628 shares during the last quarter. Jim Saulnier & Associates LLC bought a new stake in shares of iShares Core S&P 500 ETF during the third quarter worth $1,012,000. Finally, Okabena Investment Services Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 16.8% in the third quarter. Okabena Investment Services Inc. now owns 13,873 shares of the company’s stock valued at $8,002,000 after buying an additional 2,000 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $566.58 on Monday. The company has a market cap of $545.62 billion, a price-to-earnings ratio of 24.98 and a beta of 1.01. iShares Core S&P 500 ETF has a 52-week low of $496.30 and a 52-week high of $616.22. The stock’s fifty day moving average price is $593.61 and its two-hundred day moving average price is $589.24.

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.