Mechanics Bank Trust Department Acquires 2,189 Shares of iShares Core S&P 500 ETF $IVV

Mechanics Bank Trust Department increased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 91.7% in the second quarter, Holdings Channel.com reports. The firm owned 4,576 shares of the ETF’s stock after acquiring an additional 2,189 shares during the period. Mechanics Bank Trust Department’s holdings in iShares Core S&P 500 ETF were worth $3,427,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Balefire LLC raised its holdings in iShares Core S&P 500 ETF by 244.6% during the 2nd quarter. Balefire LLC now owns 17,608 shares of the ETF’s stock valued at $13,187,000 after buying an additional 12,499 shares during the last quarter. Tlwm bought a new position in iShares Core S&P 500 ETF in the 2nd quarter worth $473,000. GAMMA Investing LLC lifted its position in shares of iShares Core S&P 500 ETF by 19.5% in the 2nd quarter. GAMMA Investing LLC now owns 7,859 shares of the ETF’s stock worth $5,886,000 after purchasing an additional 1,284 shares during the period. Crescent Sterling Ltd. lifted its position in shares of iShares Core S&P 500 ETF by 13.3% in the 2nd quarter. Crescent Sterling Ltd. now owns 367 shares of the ETF’s stock worth $275,000 after purchasing an additional 43 shares during the period. Finally, Harbor Investment Advisory LLC boosted its stake in shares of iShares Core S&P 500 ETF by 0.5% during the 2nd quarter. Harbor Investment Advisory LLC now owns 24,813 shares of the ETF’s stock valued at $18,582,000 after purchasing an additional 112 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $773.36 on Thursday. iShares Core S&P 500 ETF has a 1 year low of $631.19 and a 1 year high of $780.64. The company’s 50-day moving average is $749.43 and its 200 day moving average is $714.75. The stock has a market capitalization of $898.30 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.