Deutsche Bank AG Has $65.79 Million Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Deutsche Bank AG reduced its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.0% in the 1st quarter, HoldingsChannel reports. The fund owned 117,089 shares of the company’s stock after selling 7,533 shares during the period. Deutsche Bank AG’s holdings in iShares Core S&P 500 ETF were worth $65,792,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Envestnet Asset Management Inc. increased its position in iShares Core S&P 500 ETF by 6.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock valued at $20,056,573,000 after purchasing an additional 2,160,133 shares during the period. Marshall Wace LLP increased its position in shares of iShares Core S&P 500 ETF by 1.9% during the fourth quarter. Marshall Wace LLP now owns 23,607,000 shares of the company’s stock worth $13,896,969,000 after buying an additional 446,000 shares during the period. PNC Financial Services Group Inc. increased its position in shares of iShares Core S&P 500 ETF by 1.0% during the first quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock worth $8,580,365,000 after buying an additional 146,638 shares during the period. Goldman Sachs Group Inc. increased its position in shares of iShares Core S&P 500 ETF by 27.7% during the first quarter. Goldman Sachs Group Inc. now owns 12,472,337 shares of the company’s stock worth $7,008,206,000 after buying an additional 2,703,613 shares during the period. Finally, First Command Advisory Services Inc. increased its position in shares of iShares Core S&P 500 ETF by 12.1% during the first quarter. First Command Advisory Services Inc. now owns 9,941,646 shares of the company’s stock worth $5,586,986,000 after buying an additional 1,070,974 shares during the period. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Down 0.2%

IVV opened at $638.98 on Tuesday. The company has a fifty day moving average of $620.56 and a 200-day moving average of $590.14. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $642.94. The stock has a market cap of $643.64 billion, a PE 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.