First National Bank of Hutchinson Has $29.42 Million Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

First National Bank of Hutchinson trimmed its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 49,980 shares of the company’s stock after selling 932 shares during the quarter. iShares Core S&P 500 ETF accounts for about 17.8% of First National Bank of Hutchinson’s holdings, making the stock its largest position. First National Bank of Hutchinson’s holdings in iShares Core S&P 500 ETF were worth $29,422,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. SYM FINANCIAL Corp acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth about $30,000. Modus Advisors LLC bought a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $32,000. Ulland Investment Advisors LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $32,000. Safe Harbor Fiduciary LLC bought a new position in shares of iShares Core S&P 500 ETF in the third quarter valued at approximately $33,000. Finally, Advantage Trust Co acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth approximately $36,000.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $568.01 on Thursday. The business has a fifty day moving average price of $594.45 and a 200 day moving average price of $588.91. iShares Core S&P 500 ETF has a fifty-two week low of $496.30 and a fifty-two week high of $616.22. The stock has a market capitalization of $546.99 billion, a price-to-earnings ratio of 24.98 and a beta of 1.01.

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.