Raymond James Trust N.A. Boosts Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Raymond James Trust N.A. grew its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.3% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 79,101 shares of the company’s stock after buying an additional 984 shares during the quarter. iShares Core S&P 500 ETF accounts for 1.0% of Raymond James Trust N.A.’s holdings, making the stock its 15th biggest position. Raymond James Trust N.A.’s holdings in iShares Core S&P 500 ETF were worth $45,627,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Concorde Asset Management LLC lifted its holdings in iShares Core S&P 500 ETF by 1.1% during the third quarter. Concorde Asset Management LLC now owns 22,153 shares of the company’s stock worth $12,778,000 after acquiring an additional 241 shares during the period. Thompson Siegel & Walmsley LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at $494,000. German American Bancorp Inc. raised its stake in shares of iShares Core S&P 500 ETF by 20.5% during the 3rd quarter. German American Bancorp Inc. now owns 53,394 shares of the company’s stock worth $30,799,000 after purchasing an additional 9,085 shares during the period. Steele Capital Management Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 11.8% in the 3rd quarter. Steele Capital Management Inc. now owns 371,123 shares of the company’s stock worth $214,168,000 after buying an additional 39,148 shares during the last quarter. Finally, Cornerstone Advisors LLC bought a new position in iShares Core S&P 500 ETF during the third quarter valued at about $8,249,000.

iShares Core S&P 500 ETF Trading Up 0.6 %

iShares Core S&P 500 ETF stock opened at $596.89 on Friday. The business’s 50 day simple moving average is $581.64 and its 200 day simple moving average is $557.96. iShares Core S&P 500 ETF has a 12 month low of $455.41 and a 12 month high of $603.09. The company has a market cap of $515.06 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.