BNP Paribas Financial Markets Sells 2,364,112 Shares of iShares Core S&P 500 ETF $IVV

BNP Paribas Financial Markets reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 74.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 824,931 shares of the company’s stock after selling 2,364,112 shares during the quarter. iShares Core S&P 500 ETF comprises about 0.3% of BNP Paribas Financial Markets’ investment portfolio, making the stock its 27th biggest position. BNP Paribas Financial Markets’ holdings in iShares Core S&P 500 ETF were worth $565,028,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in IVV. Decker Retirement Planning Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $29,000. GS Investments Inc. boosted its position in shares of iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after buying an additional 20 shares during the period. Palouse Capital Management Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $38,000. Imprint Wealth LLC purchased a new position in shares of iShares Core S&P 500 ETF during the third quarter valued at approximately $39,000. Finally, Dorato Capital Management purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $55,000. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $760.05 on Friday. iShares Core S&P 500 ETF has a 1 year low of $586.05 and a 1 year high of $761.65. The business has a 50 day simple moving average of $706.11 and a two-hundred day simple moving average of $692.93. The firm has a market capitalization of $839.29 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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.