Glenview Trust Co lifted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 0.2% in the first quarter, Holdings Channel.com reports. The firm owned 305,877 shares of the ETF’s stock after buying an additional 671 shares during the period. iShares Core S&P 500 ETF comprises about 3.1% of Glenview Trust Co’s holdings, making the stock its 3rd biggest position. Glenview Trust Co’s holdings in iShares Core S&P 500 ETF were worth $199,802,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its position in iShares Core S&P 500 ETF by 1.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the ETF’s stock worth $23,176,806,000 after buying an additional 409,816 shares during the last quarter. Marshall Wace LLP boosted 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 worth $22,228,289,000 after buying an additional 4,928,585 shares during the period. Creative Planning increased its position 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 acquiring an additional 505,293 shares during the last quarter. Bank of America Corp DE increased its position in iShares Core S&P 500 ETF by 27.7% during the fourth quarter. Bank of America Corp DE now owns 21,696,475 shares of the ETF’s stock valued at $14,860,784,000 after acquiring an additional 4,709,612 shares during the last quarter. Finally, Corient Private Wealth LLC increased its position in iShares Core S&P 500 ETF by 400.8% during the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock valued at $11,935,288,000 after acquiring an additional 13,946,081 shares during the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Trading Down 0.2%
Shares of IVV opened at $745.36 on Tuesday. The company’s fifty day simple moving average is $748.36 and its 200-day simple moving average is $709.80. The company has a market cap of $879.26 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $622.31 and a twelve month high of $764.00.
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.
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