Mechanics Financial Corp Boosts Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Mechanics Financial Corp increased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,887 shares of the company’s stock after buying an additional 740 shares during the period. iShares Core S&P 500 ETF accounts for 3.0% of Mechanics Financial Corp’s investment portfolio, making the stock its 7th biggest position. Mechanics Financial Corp’s holdings in iShares Core S&P 500 ETF were worth $6,857,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of IVV. 1620 Investment Advisors Inc. bought a new position in shares of iShares Core S&P 500 ETF in the second quarter worth $36,000. Kennebec Savings Bank bought a new position in iShares Core S&P 500 ETF in the 3rd quarter worth about $40,000. Covestor Ltd grew its holdings in iShares Core S&P 500 ETF by 321.1% during the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after buying an additional 61 shares in the last quarter. Christopher J. Hasenberg Inc increased its position in shares of iShares Core S&P 500 ETF by 65.6% during the third quarter. Christopher J. Hasenberg Inc now owns 101 shares of the company’s stock valued at $58,000 after buying an additional 40 shares during the period. Finally, Proffitt & Goodson Inc. lifted its holdings in shares of iShares Core S&P 500 ETF by 21.2% in the second quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock worth $56,000 after buying an additional 18 shares in the last quarter.

iShares Core S&P 500 ETF Trading Down 1.3 %

IVV stock opened at $588.66 on Friday. The firm has a 50 day moving average of $578.55 and a 200-day moving average of $555.91. The firm has a market capitalization of $507.95 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12 month low of $450.19 and a 12 month high of $603.09.

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.