PNC Financial Services Group Inc. raised its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 0.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,375,370 shares of the company’s stock after buying an additional 105,099 shares during the quarter. iShares Core S&P 500 ETF comprises about 6.2% of PNC Financial Services Group Inc.’s investment portfolio, making the stock its 2nd biggest holding. PNC Financial Services Group Inc. owned about 1.53% of iShares Core S&P 500 ETF worth $9,546,567,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently modified their holdings of the stock. New Vernon Capital Holdings II LLC increased its position in shares of iShares Core S&P 500 ETF by 53,779.2% during the first quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock valued at $13,921,238,000 after acquiring an additional 24,729,312 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares Core S&P 500 ETF by 31.4% in the 1st quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock worth $13,425,259,000 after purchasing an additional 5,708,115 shares during the period. Millennium Management LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 67.7% in the first quarter. Millennium Management LLC now owns 9,308,270 shares of the company’s stock worth $5,230,317,000 after buying an additional 3,757,143 shares during the last quarter. Goldman Sachs Group Inc. grew its position in iShares Core S&P 500 ETF by 27.7% during the first quarter. Goldman Sachs Group Inc. now owns 12,472,337 shares of the company’s stock valued at $7,008,206,000 after buying an additional 2,703,613 shares during the period. Finally, Wealthspire Advisors LLC raised its position in iShares Core S&P 500 ETF by 102.8% in the first quarter. Wealthspire Advisors LLC now owns 5,183,932 shares of the company’s stock worth $2,912,851,000 after acquiring an additional 2,627,461 shares during the period. 70.12% of the stock is owned by hedge funds and other institutional investors.
iShares Core S&P 500 ETF Stock Performance
NYSEARCA:IVV opened at $686.16 on Wednesday. The stock has a 50-day simple moving average of $669.88 and a two-hundred day simple moving average of $633.36. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $693.07. The firm has a market capitalization of $720.12 billion, a PE 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.
Featured Articles
- Five stocks we like better than iShares Core S&P 500 ETF
- ETF Screener: Uses and Step-by-Step Guide
- Amazon Is One of the Clearest Buys If the Market Dips Again
- 10 Best Airline Stocks to Buy
- CoreWeave’s Guidance Cut: A Buying Opportunity in Disguise?
- What Are the U.K. Market Holidays? How to Invest and Trade
- Strategy Shares Plunge as Bitcoin Retreats—More Pain Ahead?
Receive News & Ratings for iShares Core S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
