Sumitomo Mitsui Trust Group Inc. Sells 22,800 Shares of iShares Core S&P 500 ETF $IVV

Sumitomo Mitsui Trust Group Inc. lowered its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVVFree Report) by 7.8% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 270,258 shares of the company’s stock after selling 22,800 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $180,884,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares Core S&P 500 ETF by 3.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock worth $20,172,093,000 after purchasing an additional 1,190,963 shares in the last quarter. JPMorgan Chase & Co. lifted its position in iShares Core S&P 500 ETF by 18.3% in the second quarter. JPMorgan Chase & Co. now owns 28,271,587 shares of the company’s stock worth $17,553,830,000 after purchasing an additional 4,378,977 shares during the period. Creative Planning boosted its stake in iShares Core S&P 500 ETF by 1.8% during the second quarter. Creative Planning now owns 22,229,974 shares of the company’s stock worth $13,802,591,000 after buying an additional 398,230 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in iShares Core S&P 500 ETF by 0.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 15,375,370 shares of the company’s stock valued at $9,546,567,000 after buying an additional 105,099 shares during the period. Finally, Nisa Investment Advisors LLC increased its holdings in iShares Core S&P 500 ETF by 56.2% in the 3rd quarter. Nisa Investment Advisors LLC now owns 11,955,236 shares of the company’s stock valued at $8,001,639,000 after buying an additional 4,301,015 shares during the period. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $696.87 on Wednesday. The firm has a fifty day moving average of $683.76 and a 200-day moving average of $663.29. The stock has a market cap of $764.50 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $699.17.

Key iShares Core S&P 500 ETF News

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About iShares Core S&P 500 ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Core S&P 500 ETF (NYSEARCA:IVV)

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