iShares Core S&P 500 ETF (NYSEARCA:IVV) Shares Bought by Truist Financial Corp

Truist Financial Corp increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,671,265 shares of the company’s stock after buying an additional 424,952 shares during the period. iShares Core S&P 500 ETF accounts for approximately 5.1% of Truist Financial Corp’s investment portfolio, making the stock its biggest position. Truist Financial Corp’s holdings in iShares Core S&P 500 ETF were worth $3,186,396,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IVV. International Assets Investment Management LLC lifted its position in shares of iShares Core S&P 500 ETF by 42,439.0% in the fourth quarter. International Assets Investment Management LLC now owns 8,628,195 shares of the company’s stock valued at $4,121,085,000 after buying an additional 8,607,912 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares Core S&P 500 ETF by 86.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 17,890,478 shares of the company’s stock valued at $7,682,737,000 after purchasing an additional 8,316,251 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in iShares Core S&P 500 ETF during the third quarter worth $2,335,886,000. Morgan Stanley increased its holdings in shares of iShares Core S&P 500 ETF by 42.9% in the third quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock valued at $7,554,741,000 after purchasing an additional 5,277,616 shares during the last quarter. Finally, FMR LLC raised its position in shares of iShares Core S&P 500 ETF by 28.4% in the third quarter. FMR LLC now owns 7,076,479 shares of the company’s stock valued at $3,038,852,000 after purchasing an additional 1,566,107 shares during the period.

iShares Core S&P 500 ETF Stock Up 1.0 %

Shares of NYSEARCA IVV traded up $4.95 during mid-day trading on Friday, reaching $510.77. 4,026,729 shares of the company were exchanged, compared to its average volume of 5,844,797. iShares Core S&P 500 ETF has a twelve month low of $405.54 and a twelve month high of $527.16. The stock has a market capitalization of $437.53 billion, a P/E ratio of 25.43 and a beta of 0.99. The company’s 50-day simple moving average is $514.07 and its 200-day simple moving average is $481.35.

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.