First Citizens Bank & Trust Co. Sells 1,501 Shares of iShares Core S&P 500 ETF $IVV

First Citizens Bank & Trust Co. lessened its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.9% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 160,514 shares of the ETF’s stock after selling 1,501 shares during the quarter. iShares Core S&P 500 ETF comprises 1.8% of First Citizens Bank & Trust Co.’s portfolio, making the stock its 11th largest position. First Citizens Bank & Trust Co.’s holdings in iShares Core S&P 500 ETF were worth $104,849,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Core S&P 500 ETF by 1.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the ETF’s stock worth $23,176,806,000 after purchasing an additional 409,816 shares in the last quarter. Marshall Wace LLP raised its stake in iShares Core S&P 500 ETF by 17.9% during the fourth quarter. Marshall Wace LLP now owns 32,452,900 shares of the ETF’s stock valued at $22,228,289,000 after buying an additional 4,928,585 shares during the last quarter. Creative Planning raised its stake in iShares Core S&P 500 ETF by 2.3% during the third quarter. Creative Planning now owns 22,735,267 shares of the ETF’s stock valued at $15,216,714,000 after buying an additional 505,293 shares during the last quarter. Bank of America Corp DE boosted its holdings in iShares Core S&P 500 ETF by 27.7% in the fourth quarter. Bank of America Corp DE now owns 21,696,475 shares of the ETF’s stock worth $14,860,784,000 after acquiring an additional 4,709,612 shares in the last quarter. Finally, Corient Private Wealth LLC grew its stake in shares of iShares Core S&P 500 ETF by 400.8% in the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock worth $11,935,288,000 after acquiring an additional 13,946,081 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $751.95 on Wednesday. iShares Core S&P 500 ETF has a 1-year low of $622.31 and a 1-year high of $764.00. The business has a fifty day moving average price of $748.56 and a 200-day moving average price of $710.27. The company has a market capitalization of $887.04 billion, a PE ratio of 25.10 and a beta of 1.00.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.