BankPlus Trust Department Has $82.44 Million Stock Position in iShares Core S&P 500 ETF $IVV

BankPlus Trust Department increased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 132,781 shares of the company’s stock after acquiring an additional 1,882 shares during the period. iShares Core S&P 500 ETF comprises approximately 24.4% of BankPlus Trust Department’s portfolio, making the stock its biggest holding. BankPlus Trust Department’s holdings in iShares Core S&P 500 ETF were worth $82,444,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Flaharty Asset Management LLC bought a new position in iShares Core S&P 500 ETF during the first quarter valued at $28,000. Lord & Richards Wealth Management LLC bought a new position in iShares Core S&P 500 ETF during the first quarter valued at $31,000. Cheviot Value Management LLC bought a new position in iShares Core S&P 500 ETF during the first quarter valued at $52,000. Inlight Wealth Management LLC bought a new position in iShares Core S&P 500 ETF during the first quarter valued at $60,000. Finally, Wealth Preservation Advisors LLC bought a new position in iShares Core S&P 500 ETF during the first quarter valued at $76,000. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Trading Down 2.7%

Shares of NYSEARCA IVV opened at $656.20 on Friday. The stock has a fifty day simple moving average of $654.83 and a two-hundred day simple moving average of $610.21. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $677.20. The firm has a market cap of $684.19 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.