iShares Core S&P 500 ETF $IVV Shares Sold by Taiyo Life Insurance Co.

Taiyo Life Insurance Co. cut its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 18.2% in the 1st quarter, Holdings Channel.com reports. The firm owned 315,475 shares of the ETF’s stock after selling 70,000 shares during the period. iShares Core S&P 500 ETF makes up 22.7% of Taiyo Life Insurance Co.’s portfolio, making the stock its biggest holding. Taiyo Life Insurance Co.’s holdings in iShares Core S&P 500 ETF were worth $206,071,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Legacy Private Trust Co. boosted its stake in shares of iShares Core S&P 500 ETF by 1.1% in the 4th quarter. Legacy Private Trust Co. now owns 333,049 shares of the ETF’s stock valued at $228,119,000 after purchasing an additional 3,711 shares during the last quarter. Belpointe Asset Management LLC increased its position in shares of iShares Core S&P 500 ETF by 4.5% during the fourth quarter. Belpointe Asset Management LLC now owns 39,767 shares of the ETF’s stock worth $27,239,000 after buying an additional 1,700 shares during the period. Hubbell Strickland Wealth Management LLC raised its stake in iShares Core S&P 500 ETF by 2.0% during the fourth quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the ETF’s stock worth $27,172,000 after buying an additional 792 shares during the last quarter. Atria Investments Inc raised its stake in iShares Core S&P 500 ETF by 14.0% during the fourth quarter. Atria Investments Inc now owns 251,381 shares of the ETF’s stock worth $172,181,000 after buying an additional 30,777 shares during the last quarter. Finally, M&T Bank Corp lifted its holdings in iShares Core S&P 500 ETF by 0.8% in the fourth quarter. M&T Bank Corp now owns 1,309,001 shares of the ETF’s stock valued at $896,587,000 after buying an additional 10,723 shares during the period. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $746.72 on Monday. The stock has a market capitalization of $879.71 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm’s fifty day simple moving average is $748.30 and its two-hundred day simple moving average is $709.41. iShares Core S&P 500 ETF has a 12 month low of $622.31 and a 12 month high of $764.00.

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.