iShares Core S&P 500 ETF $IVV Stock Bought by First Financial Bank Trust Division

First Financial Bank Trust Division boosted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 98,759 shares of the ETF’s stock after acquiring an additional 4,882 shares during the period. iShares Core S&P 500 ETF accounts for approximately 5.9% of First Financial Bank Trust Division’s holdings, making the stock its 2nd biggest holding. First Financial Bank Trust Division’s holdings in iShares Core S&P 500 ETF were worth $75,635,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its position in shares of iShares Core S&P 500 ETF by 25.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 41,391,871 shares of the ETF’s stock worth $30,997,946,000 after purchasing an additional 8,432,228 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Core S&P 500 ETF by 1.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 35,018,846 shares of the ETF’s stock valued at $26,225,264,000 after buying an additional 421,146 shares during the period. Corient Private Wealth LLC increased its position in shares of 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 ETF’s stock valued at $11,935,288,000 after buying an additional 13,946,081 shares during the period. Millennium Management LLC raised its stake 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 ETF’s stock worth $9,927,711,000 after buying an additional 6,995,145 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in iShares Core S&P 500 ETF by 0.3% in the fourth quarter. Bank of New York Mellon Corp now owns 13,475,084 shares of the ETF’s stock worth $9,229,625,000 after buying an additional 34,574 shares in the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

IVV traded up $1.53 on Thursday, hitting $767.38. The company had a trading volume of 6,543,236 shares, compared to its average volume of 7,978,367. iShares Core S&P 500 ETF has a 52-week low of $632.14 and a 52-week high of $783.09. The stock has a fifty day simple moving average of $766.63 and a 200-day simple moving average of $737.70. The firm has a market capitalization of $882.18 billion, a P/E ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF Company 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.