Sumitomo Mitsui Financial Group Inc. Has $71.06 Million Holdings in iShares Core S&P 500 ETF $IVV

Sumitomo Mitsui Financial Group Inc. cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 51.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 103,000 shares of the company’s stock after selling 107,000 shares during the quarter. iShares Core S&P 500 ETF accounts for 1.3% of Sumitomo Mitsui Financial Group Inc.’s holdings, making the stock its 13th largest position. Sumitomo Mitsui Financial Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $71,062,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Decker Retirement Planning Inc. bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $29,000. GS Investments Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after purchasing an additional 20 shares during the period. Palouse Capital Management Inc. bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $38,000. Imprint Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF during the third quarter worth approximately $39,000. Finally, Dorato Capital Management bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $55,000. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Trading Up 1.7%

Shares of IVV opened at $741.05 on Friday. iShares Core S&P 500 ETF has a 12 month low of $594.71 and a 12 month high of $764.00. The firm’s 50 day moving average is $723.67 and its 200-day moving average is $697.90. The stock has a market capitalization of $818.30 billion, a PE ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF Company 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.