iShares Core S&P 500 ETF $IVV Position Reduced by First Hawaiian Bank

First Hawaiian Bank lessened its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 65.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 400,356 shares of the company’s stock after selling 769,168 shares during the quarter. iShares Core S&P 500 ETF accounts for 11.1% of First Hawaiian Bank’s investment portfolio, making the stock its biggest position. First Hawaiian Bank’s holdings in iShares Core S&P 500 ETF were worth $224,960,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. raised its position in iShares Core S&P 500 ETF by 6.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock worth $20,056,573,000 after purchasing an additional 2,160,133 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in iShares Core S&P 500 ETF by 2.5% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 31,297,509 shares of the company’s stock worth $17,586,070,000 after purchasing an additional 768,618 shares during the period. New Vernon Capital Holdings II LLC raised its position in iShares Core S&P 500 ETF by 53,779.2% in the 1st quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock worth $13,921,238,000 after purchasing an additional 24,729,312 shares during the period. JPMorgan Chase & Co. raised its position in iShares Core S&P 500 ETF by 31.4% in the 1st quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock worth $13,425,259,000 after purchasing an additional 5,708,115 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in iShares Core S&P 500 ETF by 1.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock worth $8,580,365,000 after purchasing an additional 146,638 shares during the period. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.8%

IVV stock opened at $660.95 on Friday. The firm’s 50-day moving average price is $639.66 and its two-hundred day moving average price is $596.86. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $661.64. The stock has a market capitalization of $665.77 billion, a price-to-earnings 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.