iShares Core S&P 500 ETF $IVV Shares Acquired by Fifth Third Bancorp

Fifth Third Bancorp lifted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 66.2% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 2,829,481 shares of the company’s stock after buying an additional 1,126,589 shares during the quarter. iShares Core S&P 500 ETF comprises 3.4% of Fifth Third Bancorp’s holdings, making the stock its 3rd biggest position. Fifth Third Bancorp’s holdings in iShares Core S&P 500 ETF were worth $1,848,246,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its holdings in iShares Core S&P 500 ETF by 1.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock valued at $23,176,806,000 after acquiring an additional 409,816 shares during the last quarter. Marshall Wace LLP increased its stake in iShares Core S&P 500 ETF by 17.9% in the fourth quarter. Marshall Wace LLP now owns 32,452,900 shares of the company’s stock valued at $22,228,289,000 after purchasing an additional 4,928,585 shares during the last quarter. Creative Planning increased its stake in iShares Core S&P 500 ETF by 2.3% in the third quarter. Creative Planning now owns 22,735,267 shares of the company’s stock valued at $15,216,714,000 after purchasing an additional 505,293 shares during the last quarter. Bank of America Corp DE lifted 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 company’s stock worth $14,860,784,000 after buying an additional 4,709,612 shares during the period. Finally, Corient Private Wealth LLC lifted 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 company’s stock worth $11,935,288,000 after buying an additional 13,946,081 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV traded up $3.06 during mid-day trading on Friday, reaching $758.11. The company’s stock had a trading volume of 4,650,916 shares, compared to its average volume of 8,617,790. The company’s fifty day simple moving average is $746.21 and its two-hundred day simple moving average is $707.12. iShares Core S&P 500 ETF has a twelve month low of $621.05 and a twelve month high of $764.00. The stock has a market cap of $895.93 billion, a P/E 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. 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.