Sumitomo Mitsui Trust Group Inc. Sells 71,968 Shares of iShares Core S&P 500 ETF $IVV

Sumitomo Mitsui Trust Group Inc. lessened its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 19.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 293,058 shares of the company’s stock after selling 71,968 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $181,960,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of IVV. Flaharty Asset Management LLC bought a new position in shares of iShares Core S&P 500 ETF during the 1st quarter valued at about $28,000. Lord & Richards Wealth Management LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the first quarter worth about $31,000. Cheviot Value Management LLC bought a new position in iShares Core S&P 500 ETF during the first quarter valued at approximately $52,000. Hager Investment Management Services LLC purchased a new position in iShares Core S&P 500 ETF during the 2nd quarter valued at approximately $61,000. Finally, Rice Partnership LLC increased its stake in iShares Core S&P 500 ETF by 460.0% in the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after acquiring an additional 92 shares during the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of IVV opened at $680.52 on Friday. The stock has a market capitalization of $713.66 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $681.80. The business’s 50 day simple moving average is $660.89 and its 200-day simple moving average is $619.75.

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.