Traders Sell iShares S&P 500 Index (IVV) on Strength (IVV)

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Investors sold shares of iShares S&P 500 Index (NYSEARCA:IVV) on strength during trading hours on Thursday. $146.53 million flowed into the stock on the tick-up and $273.05 million flowed out of the stock on the tick-down, for a money net flow of $126.52 million out of the stock. Of all equities tracked, iShares S&P 500 Index had the 11th highest net out-flow for the day. iShares S&P 500 Index traded up $0.79 for the day and closed at $280.71

Institutional investors have recently added to or reduced their stakes in the business. Wells Fargo & Company MN lifted its position in shares of iShares S&P 500 Index by 0.4% in the 1st quarter. Wells Fargo & Company MN now owns 32,529,996 shares of the company’s stock worth $8,632,486,000 after purchasing an additional 136,887 shares during the period. Summit Trail Advisors LLC lifted its position in shares of iShares S&P 500 Index by 27,486.9% in the 1st quarter. Summit Trail Advisors LLC now owns 25,124,813 shares of the company’s stock worth $25,125,000 after purchasing an additional 25,033,738 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of iShares S&P 500 Index by 1.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 13,545,830 shares of the company’s stock worth $3,581,413,000 after purchasing an additional 173,314 shares during the period. JPMorgan Chase & Co. raised its stake in shares of iShares S&P 500 Index by 7.7% during the 1st quarter. JPMorgan Chase & Co. now owns 10,947,463 shares of the company’s stock worth $2,905,128,000 after acquiring an additional 782,116 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of iShares S&P 500 Index by 0.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 6,462,488 shares of the company’s stock worth $1,714,950,000 after acquiring an additional 45,875 shares in the last quarter.

About iShares S&P 500 Index

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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