Citizens Financial Group Inc. RI reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 2.0% during the first quarter, Holdings Channel.com reports. The firm owned 448,294 shares of the company’s stock after selling 9,361 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 4.1% of Citizens Financial Group Inc. RI’s holdings, making the stock its 3rd largest position. Citizens Financial Group Inc. RI’s holdings in iShares Core S&P 500 ETF were worth $292,830,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of the stock. Keenan LLC bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth approximately $26,000. Decker Retirement Planning Inc. bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $29,000. GS Investments Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after buying an additional 20 shares in the last quarter. Palouse Capital Management Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $38,000. Finally, Imprint Wealth LLC bought a new position in iShares Core S&P 500 ETF in the 3rd quarter worth $39,000. Institutional investors own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Trading Up 0.4%
iShares Core S&P 500 ETF stock traded up $3.06 during mid-day trading on Friday, hitting $758.11. The stock had a trading volume of 4,650,916 shares, compared to its average volume of 8,617,790. iShares Core S&P 500 ETF has a one year low of $621.05 and a one year high of $764.00. The firm has a market capitalization of $895.93 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm’s 50 day moving average is $746.21 and its 200 day moving average is $707.12.
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. 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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