Pinnacle Financial Partners Inc Sells 4,857 Shares of iShares Core S&P 500 ETF $IVV

Pinnacle Financial Partners Inc lessened its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 8.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 52,110 shares of the company’s stock after selling 4,857 shares during the quarter. iShares Core S&P 500 ETF makes up about 0.8% of Pinnacle Financial Partners Inc’s investment portfolio, making the stock its 26th largest position. Pinnacle Financial Partners Inc’s holdings in iShares Core S&P 500 ETF were worth $34,877,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares Core S&P 500 ETF by 3.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock valued at $20,172,093,000 after purchasing an additional 1,190,963 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares Core S&P 500 ETF by 18.3% in the second quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock worth $17,553,830,000 after buying an additional 4,378,977 shares in the last quarter. Creative Planning lifted its position in shares of iShares Core S&P 500 ETF by 1.8% in the second quarter. Creative Planning now owns 22,229,974 shares of the company’s stock worth $13,802,591,000 after buying an additional 398,230 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in iShares Core S&P 500 ETF by 0.7% during the second 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 last quarter. Finally, Nisa Investment Advisors LLC grew its holdings in iShares Core S&P 500 ETF by 56.2% during the 3rd quarter. Nisa Investment Advisors LLC now owns 11,955,236 shares of the company’s stock valued at $8,001,639,000 after buying an additional 4,301,015 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

NYSEARCA:IVV opened at $694.66 on Friday. The company has a market cap of $772.43 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $699.17. The stock’s 50 day simple moving average is $684.86 and its two-hundred day simple moving average is $664.54.

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.