Central Pacific Bank Trust Division Reduces Position in iShares Core S&P 500 ETF $IVV

Central Pacific Bank Trust Division lessened its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.7% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 78,854 shares of the company’s stock after selling 3,072 shares during the period. iShares Core S&P 500 ETF accounts for about 6.2% of Central Pacific Bank Trust Division’s investment portfolio, making the stock its largest holding. Central Pacific Bank Trust Division’s holdings in iShares Core S&P 500 ETF were worth $48,960,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of IVV. Flaharty Asset Management LLC bought a new position in iShares Core S&P 500 ETF in the 1st quarter worth $28,000. Windsor Advisory Group LLC raised its holdings in iShares Core S&P 500 ETF by 100.0% in the 4th quarter. Windsor Advisory Group LLC now owns 50 shares of the company’s stock worth $29,000 after acquiring an additional 25 shares during the period. Lord & Richards Wealth Management LLC bought a new position in shares of iShares Core S&P 500 ETF during the 1st quarter worth about $31,000. Marquette Asset Management LLC increased its holdings in shares of iShares Core S&P 500 ETF by 51.9% during the 1st quarter. Marquette Asset Management LLC now owns 79 shares of the company’s stock worth $44,000 after purchasing an additional 27 shares during the period. Finally, Putney Financial Group LLC bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth about $47,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $660.72 on Friday. The firm’s 50-day moving average is $640.31 and its 200-day moving average is $597.30. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $662.46. The company has a market cap of $665.54 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.