MidFirst Bank Purchases New Shares in iShares Core S&P 500 ETF $IVV

MidFirst Bank purchased a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 107,929 shares of the company’s stock, valued at approximately $73,925,000. iShares Core S&P 500 ETF accounts for about 5.7% of MidFirst Bank’s investment portfolio, making the stock its largest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Keenan LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $26,000. Decker Retirement Planning Inc. bought a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $29,000. GS Investments Inc. increased its stake in shares of iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after acquiring an additional 20 shares in the last quarter. Palouse Capital Management Inc. purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $38,000. Finally, Imprint Wealth LLC purchased a new position in iShares Core S&P 500 ETF during the 3rd quarter valued at about $39,000. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $750.11 on Friday. iShares Core S&P 500 ETF has a one year low of $594.71 and a one year high of $764.00. The company’s 50-day simple moving average is $734.01 and its 200 day simple moving average is $700.66. The firm has a market capitalization of $828.31 billion, a P/E ratio of 25.10 and a beta of 1.00.

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. 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.