Cadence Bank Makes New $2.19 Million Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Cadence Bank purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 3,796 shares of the company’s stock, valued at approximately $2,190,000.

A number of other large investors have also made changes to their positions in IVV. Carlson Capital Management acquired a new position in iShares Core S&P 500 ETF in the third quarter valued at about $479,000. Transamerica Financial Advisors Inc. bought a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at about $7,221,000. BNP Paribas Financial Markets increased its stake in iShares Core S&P 500 ETF by 9.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,195,430 shares of the company’s stock worth $689,548,000 after purchasing an additional 104,089 shares in the last quarter. Shum Financial Group Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the third quarter valued at approximately $360,000. Finally, Brooklyn Investment Group bought a new stake in shares of iShares Core S&P 500 ETF during the third quarter worth $42,000.

iShares Core S&P 500 ETF Stock Up 0.6 %

Shares of NYSEARCA:IVV opened at $603.76 on Wednesday. The company’s fifty day simple moving average is $583.74 and its 200 day simple moving average is $560.17. iShares Core S&P 500 ETF has a 12 month low of $455.41 and a 12 month high of $604.28. The firm has a market cap of $520.98 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.