First Command Financial Services Inc. Has $106.03 Million Holdings in iShares S&P 500 ETF (NYSEARCA:IVV)

First Command Financial Services Inc. increased its holdings in iShares S&P 500 ETF (NYSEARCA:IVV) by 430.4% in the second quarter, Holdings Channel reports. The fund owned 342,376 shares of the company’s stock after purchasing an additional 277,828 shares during the quarter. iShares S&P 500 ETF accounts for approximately 18.2% of First Command Financial Services Inc.’s portfolio, making the stock its largest position. First Command Financial Services Inc.’s holdings in iShares S&P 500 ETF were worth $106,030,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of IVV. Telemus Capital LLC increased its holdings in shares of iShares S&P 500 ETF by 51.9% in the 2nd quarter. Telemus Capital LLC now owns 15,037 shares of the company’s stock valued at $4,795,000 after acquiring an additional 5,137 shares during the period. First Command Advisory Services Inc. boosted its position in iShares S&P 500 ETF by 110.6% during the second quarter. First Command Advisory Services Inc. now owns 10,844,004 shares of the company’s stock valued at $740,706,000 after purchasing an additional 5,695,438 shares in the last quarter. RiverFront Investment Group LLC grew its stake in iShares S&P 500 ETF by 6.2% in the second quarter. RiverFront Investment Group LLC now owns 1,016,027 shares of the company’s stock valued at $314,653,000 after purchasing an additional 58,922 shares during the last quarter. CHURCHILL MANAGEMENT Corp bought a new position in iShares S&P 500 ETF in the second quarter worth about $316,447,000. Finally, Montecito Bank & Trust lifted its position in iShares S&P 500 ETF by 18.1% during the second quarter. Montecito Bank & Trust now owns 15,687 shares of the company’s stock valued at $4,858,000 after acquiring an additional 2,406 shares during the last quarter.

Shares of IVV traded up $0.18 during midday trading on Friday, hitting $322.22. 45,319 shares of the company’s stock traded hands, compared to its average volume of 7,130,195. iShares S&P 500 ETF has a 1 year low of $220.28 and a 1 year high of $340.63. The firm’s fifty day moving average is $311.91 and its 200-day moving average is $302.52.

iShares 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.

See Also: How to Calculate Compound Annual Growth Rate (CAGR)

Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 ETF (NYSEARCA:IVV).

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

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