iShares Core S&P 500 ETF $IVV is Chemung Canal Trust Co.’s 2nd Largest Position

Chemung Canal Trust Co. grew its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 129.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 56,173 shares of the company’s stock after purchasing an additional 31,742 shares during the quarter. iShares Core S&P 500 ETF accounts for about 7.3% of Chemung Canal Trust Co.’s holdings, making the stock its 2nd biggest holding. Chemung Canal Trust Co.’s holdings in iShares Core S&P 500 ETF were worth $34,878,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Flaharty Asset Management LLC purchased a new position in iShares Core S&P 500 ETF in the first quarter worth approximately $28,000. Lord & Richards Wealth Management LLC purchased a new position in iShares Core S&P 500 ETF in the first quarter worth approximately $31,000. Cheviot Value Management LLC purchased a new position in iShares Core S&P 500 ETF in the first quarter worth approximately $52,000. Inlight Wealth Management LLC purchased a new position in iShares Core S&P 500 ETF in the first quarter worth approximately $60,000. Finally, Wealth Preservation Advisors LLC purchased a new position in iShares Core S&P 500 ETF in the first quarter worth approximately $76,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 0.4%

Shares of iShares Core S&P 500 ETF stock opened at $672.42 on Wednesday. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $676.25. The company has a 50 day moving average of $652.63 and a 200 day moving average of $608.52. The company has a market capitalization of $703.96 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.