First Western Trust Bank Trims Position in iShares Core S&P 500 ETF $IVV

First Western Trust Bank lowered its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.5% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 5,352 shares of the company’s stock after selling 194 shares during the period. First Western Trust Bank’s holdings in iShares Core S&P 500 ETF were worth $3,323,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares Core S&P 500 ETF by 2.5% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 31,297,509 shares of the company’s stock valued at $17,586,070,000 after purchasing an additional 768,618 shares during the last quarter. New Vernon Capital Holdings II LLC lifted its holdings 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 worth $13,921,238,000 after purchasing an additional 24,729,312 shares during the period. JPMorgan Chase & Co. grew its position in 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 valued at $13,425,259,000 after buying an additional 5,708,115 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in iShares Core S&P 500 ETF by 0.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 15,375,370 shares of the company’s stock valued at $9,546,567,000 after buying an additional 105,099 shares during the period. Finally, Jones Financial Companies Lllp increased its stake in iShares Core S&P 500 ETF by 21.5% in the 1st quarter. Jones Financial Companies Lllp now owns 14,644,144 shares of the company’s stock valued at $7,861,763,000 after buying an additional 2,592,493 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $686.64 on Thursday. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $693.07. The stock has a market capitalization of $720.63 billion, a PE ratio of 25.10 and a beta of 1.00. The company has a fifty day moving average of $670.67 and a 200-day moving average of $633.73.

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.