Bangor Savings Bank Has $102.18 Million Stake in iShares S&P 500 ETF (NYSEARCA:IVV)

Bangor Savings Bank increased its holdings in iShares S&P 500 ETF (NYSEARCA:IVV) by 3.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 237,167 shares of the company’s stock after buying an additional 8,888 shares during the period. iShares S&P 500 ETF accounts for 10.6% of Bangor Savings Bank’s investment portfolio, making the stock its biggest position. Bangor Savings Bank’s holdings in iShares S&P 500 ETF were worth $102,176,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Fifth Third Bancorp boosted its holdings in iShares S&P 500 ETF by 0.6% in the 3rd quarter. Fifth Third Bancorp now owns 2,803,716 shares of the company’s stock worth $1,207,897,000 after buying an additional 15,577 shares during the period. Meridian Wealth Management LLC boosted its holdings in iShares S&P 500 ETF by 19.9% in the 3rd quarter. Meridian Wealth Management LLC now owns 1,885 shares of the company’s stock worth $813,000 after buying an additional 313 shares during the period. City Holding Co. boosted its holdings in iShares S&P 500 ETF by 8.1% in the 3rd quarter. City Holding Co. now owns 617 shares of the company’s stock worth $266,000 after buying an additional 46 shares during the period. Arlington Partners LLC boosted its holdings in iShares S&P 500 ETF by 100.8% in the 3rd quarter. Arlington Partners LLC now owns 2,510 shares of the company’s stock worth $1,081,000 after buying an additional 1,260 shares during the period. Finally, Canvas Wealth Advisors LLC boosted its holdings in iShares S&P 500 ETF by 3.6% in the 3rd quarter. Canvas Wealth Advisors LLC now owns 6,687 shares of the company’s stock worth $2,881,000 after buying an additional 235 shares during the period.

Shares of NYSEARCA:IVV opened at $460.62 on Friday. The firm has a fifty day moving average price of $453.96 and a two-hundred day moving average price of $441.75. iShares S&P 500 ETF has a one year low of $360.50 and a one year high of $475.50.

iShares 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.

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

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