iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Acquired by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 26.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 121,435 shares of the company’s stock after purchasing an additional 25,372 shares during the period. iShares Core S&P 500 ETF makes up approximately 1.1% of First Citizens Bank & Trust Co.’s holdings, making the stock its 12th biggest holding. First Citizens Bank & Trust Co.’s holdings in iShares Core S&P 500 ETF were worth $70,046,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. 1620 Investment Advisors Inc. acquired a new position in shares of iShares Core S&P 500 ETF during the second quarter worth $36,000. Thompson Investment Management Inc. acquired a new position in iShares Core S&P 500 ETF in the 1st quarter worth $37,000. Covestor Ltd boosted its position in iShares Core S&P 500 ETF by 321.1% in the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after buying an additional 61 shares during the last quarter. LRI Investments LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the first quarter valued at about $55,000. Finally, Proffitt & Goodson Inc. grew its stake in shares of iShares Core S&P 500 ETF by 21.2% during the second quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock valued at $56,000 after acquiring an additional 18 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $587.46 on Friday. The stock has a market cap of $506.92 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a one year low of $411.02 and a one year high of $588.93. The business’s 50-day simple moving average is $566.53 and its 200 day simple moving average is $545.24.

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.