Bank of New York Mellon Corp Has $7.58 Billion Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Bank of New York Mellon Corp reduced its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,486,662 shares of the company’s stock after selling 418,152 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 1.5% of Bank of New York Mellon Corp’s investment portfolio, making the stock its 6th largest holding. Bank of New York Mellon Corp’s holdings in iShares Core S&P 500 ETF were worth $7,578,155,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Heck Capital Advisors LLC purchased a new position in iShares Core S&P 500 ETF in the fourth quarter valued at about $331,591,000. Victory Capital Management Inc. grew its stake in iShares Core S&P 500 ETF by 102.1% in the fourth quarter. Victory Capital Management Inc. now owns 62,119 shares of the company’s stock valued at $36,568,000 after purchasing an additional 31,380 shares during the last quarter. Proficio Capital Partners LLC grew its stake in iShares Core S&P 500 ETF by 36.3% in the fourth quarter. Proficio Capital Partners LLC now owns 27,450 shares of the company’s stock valued at $16,159,000 after purchasing an additional 7,307 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich grew its stake in iShares Core S&P 500 ETF by 9.7% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 28,652 shares of the company’s stock valued at $18,602,000 after purchasing an additional 2,529 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in iShares Core S&P 500 ETF by 2.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock valued at $8,902,980,000 after purchasing an additional 338,269 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

IVV opened at $628.17 on Friday. The business’s 50-day moving average is $593.20 and its two-hundred day moving average is $583.64. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $629.25. The firm has a market capitalization of $632.47 billion, a PE ratio of 25.10 and a beta of 1.00.

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.