1,103 Shares in iShares S&P 500 Index (IVV) Purchased by Arbor Investment Advisors LLC

Arbor Investment Advisors LLC acquired a new stake in iShares S&P 500 Index (NYSEARCA:IVV) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 1,103 shares of the company’s stock, valued at approximately $301,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Wells Fargo & Company MN increased its position in iShares S&P 500 Index by 0.4% in the 1st quarter. Wells Fargo & Company MN now owns 32,529,996 shares of the company’s stock valued at $8,632,486,000 after acquiring an additional 136,887 shares in the last quarter. Summit Trail Advisors LLC increased its position in iShares S&P 500 Index by 27,486.9% in the 1st quarter. Summit Trail Advisors LLC now owns 25,124,813 shares of the company’s stock valued at $25,125,000 after acquiring an additional 25,033,738 shares in the last quarter. Envestnet Asset Management Inc. increased its position in iShares S&P 500 Index by 1.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 13,545,830 shares of the company’s stock valued at $3,581,413,000 after acquiring an additional 173,314 shares in the last quarter. JPMorgan Chase & Co. increased its position in iShares S&P 500 Index by 7.7% in the 1st quarter. JPMorgan Chase & Co. now owns 10,947,463 shares of the company’s stock valued at $2,905,128,000 after acquiring an additional 782,116 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its position in iShares S&P 500 Index by 0.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,462,488 shares of the company’s stock valued at $1,714,950,000 after acquiring an additional 45,875 shares in the last quarter.

Shares of NYSEARCA:IVV traded down $2.09 during trading on Wednesday, hitting $278.74. 3,781,203 shares of the company’s stock were exchanged, compared to its average volume of 4,512,845. iShares S&P 500 Index has a 1-year low of $243.45 and a 1-year high of $288.69.

The firm also recently declared a quarterly dividend, which was paid on Monday, July 2nd. Stockholders of record on Wednesday, June 27th were given a dividend of $1.2812 per share. This is a boost from iShares S&P 500 Index’s previous quarterly dividend of $1.27. The ex-dividend date was Tuesday, June 26th. This represents a $5.12 annualized dividend and a dividend yield of 1.84%.

iShares S&P 500 Index 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.

Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Index (NYSEARCA:IVV).

Institutional Ownership by Quarter for iShares S&P 500 Index (NYSEARCA:IVV)

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