Corebridge Financial Inc. Purchases Shares of 18,000 iShares Core S&P 500 ETF (NYSEARCA:IVV)

Corebridge Financial Inc. acquired a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, Holdings Channel.com reports. The firm acquired 18,000 shares of the company’s stock, valued at approximately $10,596,000.

Several other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in iShares Core S&P 500 ETF by 11.7% in the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock worth $12,069,951,000 after purchasing an additional 2,187,803 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 2.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock worth $8,902,980,000 after buying an additional 338,269 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of iShares Core S&P 500 ETF by 1.3% in the 4th quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock valued at $8,185,485,000 after acquiring an additional 183,962 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in iShares Core S&P 500 ETF by 4.1% during the 4th quarter. Jones Financial Companies Lllp now owns 12,051,651 shares of the company’s stock valued at $7,094,566,000 after acquiring an additional 476,796 shares during the period. Finally, Nisa Investment Advisors LLC purchased a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at about $5,813,061,000.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $571.42 on Thursday. iShares Core S&P 500 ETF has a one year low of $496.30 and a one year high of $616.22. The business’s 50 day simple moving average is $592.83 and its two-hundred day simple moving average is $589.53. The stock has a market capitalization of $550.28 billion, a P/E ratio of 24.98 and a beta of 1.01.

iShares Core S&P 500 ETF 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.