First Citizens Bank & Trust Co. Grows Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

First Citizens Bank & Trust Co. lifted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 37.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 166,582 shares of the company’s stock after acquiring an additional 45,147 shares during the quarter. iShares Core S&P 500 ETF accounts for about 1.5% of First Citizens Bank & Trust Co.’s holdings, making the stock its 11th biggest holding. First Citizens Bank & Trust Co.’s holdings in iShares Core S&P 500 ETF were worth $98,063,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Modus Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth approximately $32,000. Ulland Investment Advisors LLC bought a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at $32,000. Safe Harbor Fiduciary LLC bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter valued at $33,000. Cedar Wealth Management LLC raised its holdings in iShares Core S&P 500 ETF by 139.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after buying an additional 39 shares during the last quarter. Finally, Kennebec Savings Bank bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter valued at $40,000.

iShares Core S&P 500 ETF Stock Down 1.4 %

NYSEARCA:IVV opened at $602.37 on Tuesday. The company has a fifty day moving average of $599.34 and a 200 day moving average of $577.97. iShares Core S&P 500 ETF has a 52 week low of $485.19 and a 52 week high of $613.79. The firm has a market capitalization of $519.79 billion, a P/E ratio of 25.23 and a beta of 0.99.

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.