First National Bank & Trust Co. of Newtown Increases Stake in iShares Core S&P 500 ETF $IVV

First National Bank & Trust Co. of Newtown increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 48.9% in the first quarter, Holdings Channel.com reports. The institutional investor owned 5,701 shares of the company’s stock after acquiring an additional 1,873 shares during the period. iShares Core S&P 500 ETF comprises 0.8% of First National Bank & Trust Co. of Newtown’s holdings, making the stock its 23rd largest position. First National Bank & Trust Co. of Newtown’s holdings in iShares Core S&P 500 ETF were worth $3,724,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Corient Private Wealth LLC lifted its stake in shares of iShares Core S&P 500 ETF by 400.8% in the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the company’s stock valued at $11,935,288,000 after purchasing an additional 13,946,081 shares during the period. Schonfeld Strategic Advisors LLC grew its stake in iShares Core S&P 500 ETF by 3,927.5% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the company’s stock worth $5,590,424,000 after purchasing an additional 7,959,263 shares during the period. Millennium Management LLC raised its holdings in iShares Core S&P 500 ETF by 93.3% in the fourth quarter. Millennium Management LLC now owns 14,494,278 shares of the company’s stock worth $9,927,711,000 after purchasing an additional 6,995,145 shares in the last quarter. Walleye Capital LLC bought a new position in iShares Core S&P 500 ETF in the fourth quarter worth $4,531,611,000. Finally, Marshall Wace LLP raised its holdings in iShares Core S&P 500 ETF by 28.5% in the third quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock worth $18,422,024,000 after purchasing an additional 6,101,936 shares in the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Up 0.8%

Shares of iShares Core S&P 500 ETF stock opened at $755.05 on Friday. iShares Core S&P 500 ETF has a 12 month low of $621.05 and a 12 month high of $764.00. The firm has a market capitalization of $892.54 billion, a P/E ratio of 25.10 and a beta of 1.00. The business has a fifty day simple moving average of $745.34 and a two-hundred day simple moving average of $706.76.

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.