Citizens Financial Group Inc. RI Raises Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Citizens Financial Group Inc. RI boosted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 16.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 414,337 shares of the company’s stock after acquiring an additional 59,407 shares during the quarter. iShares Core S&P 500 ETF comprises about 5.0% of Citizens Financial Group Inc. RI’s investment portfolio, making the stock its 2nd biggest holding. Citizens Financial Group Inc. RI’s holdings in iShares Core S&P 500 ETF were worth $226,738,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Commerce Bank increased its stake in iShares Core S&P 500 ETF by 1.0% in the 4th quarter. Commerce Bank now owns 229,156 shares of the company’s stock worth $109,452,000 after purchasing an additional 2,285 shares in the last quarter. SageView Advisory Group LLC increased its stake in iShares Core S&P 500 ETF by 22.2% in the 4th quarter. SageView Advisory Group LLC now owns 39,174 shares of the company’s stock worth $19,325,000 after purchasing an additional 7,123 shares in the last quarter. BNP Paribas purchased a new position in iShares Core S&P 500 ETF in the 1st quarter worth about $1,077,000. MONECO Advisors LLC increased its stake in iShares Core S&P 500 ETF by 1.7% in the 4th quarter. MONECO Advisors LLC now owns 3,320 shares of the company’s stock worth $1,586,000 after purchasing an additional 54 shares in the last quarter. Finally, True Link Financial Advisors LLC increased its stake in iShares Core S&P 500 ETF by 9.0% in the 1st quarter. True Link Financial Advisors LLC now owns 266,102 shares of the company’s stock worth $139,898,000 after purchasing an additional 21,997 shares in the last quarter.

iShares Core S&P 500 ETF Trading Up 0.5 %

Shares of IVV opened at $565.05 on Monday. The business’s 50-day moving average price is $552.88 and its 200 day moving average price is $535.40. The stock has a market capitalization of $487.58 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 1-year low of $411.02 and a 1-year high of $568.24.

iShares Core S&P 500 ETF 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.