Nissay Asset Management Corp Japan Increases Position in iShares Core S&P 500 ETF $IVV

Nissay Asset Management Corp Japan grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 44.7% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 813,104 shares of the ETF’s stock after buying an additional 251,089 shares during the period. iShares Core S&P 500 ETF makes up 2.6% of Nissay Asset Management Corp Japan’s investment portfolio, making the stock its 8th largest position. Nissay Asset Management Corp Japan’s holdings in iShares Core S&P 500 ETF were worth $608,925,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Keenan LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $26,000. Punch & Associates Investment Management Inc. grew its position in iShares Core S&P 500 ETF by 50.0% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after purchasing an additional 14 shares during the last quarter. Allied Private Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF in the second quarter worth approximately $33,000. GS Investments Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after buying an additional 20 shares in the last quarter. Finally, Imprint Wealth LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the third quarter valued at approximately $39,000. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Down 0.2%

Shares of IVV opened at $773.00 on Friday. The company has a market capitalization of $897.88 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm has a 50 day moving average of $757.34 and a 200 day moving average of $724.19. iShares Core S&P 500 ETF has a twelve month low of $632.14 and a twelve month high of $783.09.

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. 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.