Sumitomo Mitsui Trust Holdings Inc. Reduces Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Sumitomo Mitsui Trust Holdings Inc. trimmed its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 52.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 149,581 shares of the company’s stock after selling 161,867 shares during the period. Sumitomo Mitsui Trust Holdings Inc.’s holdings in iShares Core S&P 500 ETF were worth $71,444,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Studio Investment Management LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $33,000. Horizon Bancorp Inc. IN bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter valued at about $40,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter valued at about $41,000. Hibernia Wealth Partners LLC bought a new stake in shares of iShares Core S&P 500 ETF in the third quarter worth approximately $54,000. Finally, Financial Freedom LLC bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth approximately $52,000.

iShares Core S&P 500 ETF Stock Down 0.6 %

Shares of IVV stock opened at $503.04 on Thursday. The company has a 50 day moving average price of $513.62 and a 200-day moving average price of $477.98. iShares Core S&P 500 ETF has a 52 week low of $405.54 and a 52 week high of $527.16. The firm has a market capitalization of $430.90 billion, a PE ratio of 25.43 and a beta of 0.99.

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.