PNC Financial Services Group Inc. lifted its position in shares of iShares S&P 500 ETF (NYSEARCA:IVV) by 5.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,253,333 shares of the company’s stock after purchasing an additional 405,545 shares during the quarter. iShares S&P 500 ETF accounts for 3.4% of PNC Financial Services Group Inc.’s investment portfolio, making the stock its 2nd largest holding. PNC Financial Services Group Inc. owned 1.31% of iShares S&P 500 ETF worth $2,555,975,000 at the end of the most recent quarter.
Several other large investors have also recently modified their holdings of IVV. Truehand Inc purchased a new stake in iShares S&P 500 ETF in the 2nd quarter valued at $30,000. Costello Asset Management INC bought a new position in iShares S&P 500 ETF in the 2nd quarter valued at $31,000. Knuff & Co LLC bought a new position in iShares S&P 500 ETF in the 2nd quarter valued at $43,000. Engrave Wealth Partners LLC grew its stake in iShares S&P 500 ETF by 252.5% in the 2nd quarter. Engrave Wealth Partners LLC now owns 141 shares of the company’s stock valued at $43,000 after purchasing an additional 101 shares during the period. Finally, Clarkston Capital Partners LLC bought a new position in iShares S&P 500 ETF in the 2nd quarter valued at $60,000.
NYSEARCA:IVV traded up $2.34 during trading on Tuesday, reaching $342.18. The company’s stock had a trading volume of 108,822 shares, compared to its average volume of 6,240,989. The firm has a 50 day moving average of $338.63 and a 200-day moving average of $304.24. iShares S&P 500 ETF has a 12 month low of $220.28 and a 12 month high of $360.26.
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.
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