Sumitomo Life Insurance Co. grew its position in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 369.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 751,000 shares of the company’s stock after acquiring an additional 591,000 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 14.1% of Sumitomo Life Insurance Co.’s holdings, making the stock its 2nd largest position. Sumitomo Life Insurance Co. owned 0.07% of iShares Core S&P 500 ETF worth $514,390,000 at the end of the most recent quarter.
A number of other institutional investors have also made changes to their positions in IVV. Decker Retirement Planning Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $29,000. GS Investments Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after acquiring an additional 20 shares during the last quarter. Palouse Capital Management Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $38,000. Imprint Wealth LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at approximately $39,000. Finally, Dorato Capital Management bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at approximately $55,000. 70.12% of the stock is currently owned by institutional investors.
iShares Core S&P 500 ETF Trading Up 0.6%
Shares of NYSEARCA IVV opened at $745.14 on Friday. iShares Core S&P 500 ETF has a twelve month low of $594.71 and a twelve month high of $764.00. The company has a market capitalization of $822.82 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The business has a 50 day simple moving average of $725.41 and a 200-day simple moving average of $698.23.
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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
Further Reading
- Five stocks we like better than iShares Core S&P 500 ETF
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report).
Receive News & Ratings for iShares Core S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
