iShares Core S&P 500 ETF $IVV Shares Acquired by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. lifted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 167,650 shares of the company’s stock after buying an additional 2,237 shares during the quarter. iShares Core S&P 500 ETF makes up about 1.6% of First Citizens Bank & Trust Co.’s holdings, making the stock its 11th largest position. First Citizens Bank & Trust Co.’s holdings in iShares Core S&P 500 ETF were worth $104,094,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Flaharty Asset Management LLC acquired a new position in iShares Core S&P 500 ETF in the 1st quarter valued at about $28,000. Lord & Richards Wealth Management LLC acquired a new position in iShares Core S&P 500 ETF in the 1st quarter valued at about $31,000. Cheviot Value Management LLC acquired a new position in iShares Core S&P 500 ETF in the 1st quarter valued at about $52,000. Hager Investment Management Services LLC acquired a new position in iShares Core S&P 500 ETF in the 2nd quarter valued at about $61,000. Finally, Rice Partnership LLC raised its stake in iShares Core S&P 500 ETF by 460.0% in the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after purchasing an additional 92 shares during the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.8%

Shares of IVV stock opened at $680.52 on Friday. The firm has a 50-day moving average price of $660.89 and a 200 day moving average price of $618.91. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $681.80. The company has a market capitalization of $713.66 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

About iShares Core S&P 500 ETF

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.