iShares Core S&P 500 ETF $IVV is Central Pacific Bank Trust Division’s Largest Position

Central Pacific Bank Trust Division increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 84,800 shares of the company’s stock after purchasing an additional 5,946 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 6.9% of Central Pacific Bank Trust Division’s holdings, making the stock its biggest position. Central Pacific Bank Trust Division’s holdings in iShares Core S&P 500 ETF were worth $56,757,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IVV. Flaharty Asset Management LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the first quarter valued at about $28,000. Nvwm LLC raised its holdings in iShares Core S&P 500 ETF by 210.5% during the second quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after purchasing an additional 40 shares in the last quarter. Hager Investment Management Services LLC acquired a new stake in iShares Core S&P 500 ETF in the second quarter valued at about $61,000. Rice Partnership LLC boosted its holdings in iShares Core S&P 500 ETF by 460.0% in the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after purchasing an additional 92 shares in the last quarter. Finally, Creative Capital Management Investments LLC purchased a new stake in iShares Core S&P 500 ETF in the 2nd quarter valued at approximately $80,000. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Down 0.1%

Shares of IVV stock opened at $684.15 on Tuesday. The stock has a 50 day simple moving average of $678.13 and a 200-day simple moving average of $650.47. The company has a market cap of $718.02 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $693.07.

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.