Fiduciary Trust Co Buys 9,009 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Fiduciary Trust Co increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.6% in the third quarter, Holdings Channel reports. The firm owned 1,547,344 shares of the company’s stock after purchasing an additional 9,009 shares during the period. iShares Core S&P 500 ETF comprises 12.5% of Fiduciary Trust Co’s holdings, making the stock its largest position. Fiduciary Trust Co’s holdings in iShares Core S&P 500 ETF were worth $892,539,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. 1620 Investment Advisors Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the second quarter valued at about $36,000. Cedar Wealth Management LLC increased its holdings in iShares Core S&P 500 ETF by 139.3% in the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after buying an additional 39 shares during the period. Kennebec Savings Bank purchased a new position in iShares Core S&P 500 ETF during the 3rd quarter worth approximately $40,000. Brooklyn Investment Group acquired a new stake in iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $42,000. Finally, Peterson Financial Group Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at $46,000.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $601.82 on Thursday. The company’s fifty day moving average price is $584.49 and its 200-day moving average price is $560.46. iShares Core S&P 500 ETF has a 1-year low of $455.41 and a 1-year high of $604.28. The firm has a market capitalization of $519.31 billion, a P/E ratio of 25.23 and a beta of 0.99.

About iShares Core S&P 500 ETF

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.