Arvest Bank Trust Division Decreases Position in iShares Core S&P 500 ETF $IVV

Arvest Bank Trust Division lowered its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.7% in the first quarter, Holdings Channel.com reports. The institutional investor owned 145,833 shares of the ETF’s stock after selling 5,660 shares during the period. iShares Core S&P 500 ETF comprises about 5.2% of Arvest Bank Trust Division’s holdings, making the stock its 3rd biggest position. Arvest Bank Trust Division’s holdings in iShares Core S&P 500 ETF were worth $95,260,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Keenan LLC bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $26,000. Decker Retirement Planning Inc. bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at approximately $29,000. GS Investments Inc. increased its position in iShares Core S&P 500 ETF by 83.3% during the 4th quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after purchasing an additional 20 shares in the last quarter. Palouse Capital Management Inc. acquired a new position in iShares Core S&P 500 ETF in the 4th quarter worth about $38,000. Finally, Imprint Wealth LLC bought a new position in iShares Core S&P 500 ETF in the third quarter valued at about $39,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Trading Up 0.9%

Shares of IVV stock opened at $751.95 on Wednesday. The business’s 50-day moving average price is $748.56 and its 200-day moving average price is $710.27. iShares Core S&P 500 ETF has a 12 month low of $622.31 and a 12 month high of $764.00. The firm has a market capitalization of $887.04 billion, a price-to-earnings 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.