iShares Core S&P 500 ETF (NYSEARCA:IVV) Stock Position Decreased by M&T Bank Corp

M&T Bank Corp reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,353,402 shares of the company’s stock after selling 61,932 shares during the period. iShares Core S&P 500 ETF accounts for 2.7% of M&T Bank Corp’s portfolio, making the stock its 6th biggest holding. M&T Bank Corp’s holdings in iShares Core S&P 500 ETF were worth $796,720,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Assetmark Inc. lifted its holdings in iShares Core S&P 500 ETF by 1.2% in the 4th quarter. Assetmark Inc. now owns 1,194,027 shares of the company’s stock worth $702,900,000 after purchasing an additional 14,717 shares in the last quarter. a16z Perennial Management L.P. purchased a new position in iShares Core S&P 500 ETF in the 4th quarter worth approximately $19,485,000. Cookson Peirce & Co. Inc. purchased a new position in iShares Core S&P 500 ETF in the 4th quarter worth approximately $231,000. Stegner Investment Associates Inc. lifted its holdings in iShares Core S&P 500 ETF by 1.4% in the 4th quarter. Stegner Investment Associates Inc. now owns 7,658 shares of the company’s stock worth $4,508,000 after purchasing an additional 109 shares in the last quarter. Finally, Triad Wealth Partners LLC purchased a new position in iShares Core S&P 500 ETF in the 4th quarter worth approximately $1,739,000.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $579.71 on Wednesday. iShares Core S&P 500 ETF has a 1 year low of $496.30 and a 1 year high of $616.22. The stock’s 50 day simple moving average is $600.36 and its two-hundred day simple moving average is $588.75. The company has a market cap of $576.61 billion, a price-to-earnings ratio of 26.66 and a beta of 1.01.

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.