First Hawaiian Bank decreased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 65.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 400,356 shares of the company’s stock after selling 769,168 shares during the quarter. iShares Core S&P 500 ETF makes up 11.1% of First Hawaiian Bank’s investment portfolio, making the stock its largest position. First Hawaiian Bank’s holdings in iShares Core S&P 500 ETF were worth $224,960,000 at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. Flaharty Asset Management LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 1st quarter valued at about $28,000. Windsor Advisory Group LLC boosted its stake in shares of iShares Core S&P 500 ETF by 100.0% during the 4th quarter. Windsor Advisory Group LLC now owns 50 shares of the company’s stock valued at $29,000 after purchasing an additional 25 shares in the last quarter. Lord & Richards Wealth Management LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 1st quarter valued at about $31,000. Marquette Asset Management LLC boosted its stake in shares of iShares Core S&P 500 ETF by 51.9% during the 1st quarter. Marquette Asset Management LLC now owns 79 shares of the company’s stock valued at $44,000 after purchasing an additional 27 shares in the last quarter. Finally, Putney Financial Group LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $47,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Trading Up 0.8%
Shares of IVV opened at $660.95 on Friday. The firm’s 50-day moving average price is $639.66 and its 200-day moving average price is $596.86. The firm has a market capitalization of $665.77 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $661.64.
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.
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