First Bancorp Inc ME Sells 591 Shares of iShares Core S&P 500 ETF $IVV

First Bancorp Inc ME reduced its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,823 shares of the company’s stock after selling 591 shares during the quarter. iShares Core S&P 500 ETF accounts for 2.1% of First Bancorp Inc ME’s portfolio, making the stock its 10th largest position. First Bancorp Inc ME’s holdings in iShares Core S&P 500 ETF were worth $3,616,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its position in shares of iShares Core S&P 500 ETF by 6.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock valued at $20,056,573,000 after purchasing an additional 2,160,133 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Core S&P 500 ETF by 2.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 31,297,509 shares of the company’s stock valued at $17,586,070,000 after purchasing an additional 768,618 shares during the period. New Vernon Capital Holdings II LLC increased its position in shares of iShares Core S&P 500 ETF by 53,779.2% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock valued at $13,921,238,000 after purchasing an additional 24,729,312 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of iShares Core S&P 500 ETF by 31.4% during the 1st quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock worth $13,425,259,000 after acquiring an additional 5,708,115 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 1.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock worth $8,580,365,000 after acquiring an additional 146,638 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Up 1.0%

IVV opened at $674.59 on Tuesday. The firm has a market cap of $704.91 billion, a PE ratio of 25.10 and a beta of 1.00. The business has a fifty day simple moving average of $658.64 and a 200-day simple moving average of $615.71. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $677.20.

iShares Core S&P 500 ETF Company 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.