Nixon Peabody Trust Co. Invests $9.10 Million in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Nixon Peabody Trust Co. bought a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,783 shares of the company’s stock, valued at approximately $9,104,000.

Other hedge funds have also recently bought and sold shares of the company. Balboa Wealth Partners lifted its holdings in shares of iShares Core S&P 500 ETF by 1.3% during the 3rd quarter. Balboa Wealth Partners now owns 1,292 shares of the company’s stock valued at $745,000 after acquiring an additional 17 shares in the last quarter. Proffitt & Goodson Inc. raised its position in iShares Core S&P 500 ETF by 21.2% in the second quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock valued at $56,000 after purchasing an additional 18 shares during the period. TruWealth Advisors LLC lifted its stake in shares of iShares Core S&P 500 ETF by 2.0% during the third quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock worth $534,000 after purchasing an additional 18 shares in the last quarter. Lewis Asset Management LLC boosted its position in shares of iShares Core S&P 500 ETF by 2.9% in the third quarter. Lewis Asset Management LLC now owns 631 shares of the company’s stock worth $364,000 after buying an additional 18 shares during the period. Finally, Hassell Wealth Management LLC boosted its position in shares of iShares Core S&P 500 ETF by 2.6% in the third quarter. Hassell Wealth Management LLC now owns 700 shares of the company’s stock worth $400,000 after buying an additional 18 shares during the period.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV traded down $0.33 during mid-day trading on Monday, hitting $588.33. 306,921 shares of the company traded hands, compared to its average volume of 5,045,688. The firm’s 50 day simple moving average is $578.55 and its 200 day simple moving average is $556.28. The firm has a market cap of $507.67 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 52-week low of $452.58 and a 52-week high of $603.09.

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.