iShares Core S&P 500 ETF (NYSEARCA:IVV) is M&T Bank Corp’s 6th Largest Position

M&T Bank Corp increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,390,915 shares of the company’s stock after buying an additional 65,494 shares during the quarter. iShares Core S&P 500 ETF makes up 2.4% of M&T Bank Corp’s portfolio, making the stock its 6th largest holding. M&T Bank Corp’s holdings in iShares Core S&P 500 ETF were worth $664,342,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Arvest Investments Inc. acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth $21,775,000. Stewardship Advisors LLC boosted its holdings in iShares Core S&P 500 ETF by 33.2% in the 4th quarter. Stewardship Advisors LLC now owns 84,068 shares of the company’s stock worth $40,154,000 after buying an additional 20,951 shares during the last quarter. Colonial River Wealth Management LLC acquired a new stake in iShares Core S&P 500 ETF in the 4th quarter worth about $2,596,000. Kathleen S. Wright Associates Inc. lifted its position in shares of iShares Core S&P 500 ETF by 4.6% in the fourth quarter. Kathleen S. Wright Associates Inc. now owns 4,714 shares of the company’s stock valued at $2,251,000 after acquiring an additional 207 shares in the last quarter. Finally, Csenge Advisory Group boosted its stake in shares of iShares Core S&P 500 ETF by 7.3% in the third quarter. Csenge Advisory Group now owns 48,155 shares of the company’s stock worth $20,679,000 after acquiring an additional 3,256 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV traded up $6.38 during mid-day trading on Friday, hitting $513.84. The stock had a trading volume of 3,003,970 shares, compared to its average volume of 5,734,856. The firm’s 50 day moving average is $514.48 and its 200 day moving average is $483.84. The stock has a market capitalization of $443.39 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a twelve month low of $405.54 and a twelve month high of $527.16.

iShares Core S&P 500 ETF Company 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.