iShares Core S&P 500 ETF $IVV is Daido Life Insurance Co.’s 2nd Largest Position

Daido Life Insurance Co. decreased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.3% in the 4th quarter, Holdings Channel reports. The fund owned 335,437 shares of the company’s stock after selling 34,465 shares during the period. iShares Core S&P 500 ETF accounts for 32.3% of Daido Life Insurance Co.’s holdings, making the stock its 2nd biggest holding. Daido Life Insurance Co.’s holdings in iShares Core S&P 500 ETF were worth $229,754,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Heck Capital Advisors LLC purchased a new position in iShares Core S&P 500 ETF in the 4th quarter valued at about $331,591,000. Bison Wealth LLC increased its position in shares of iShares Core S&P 500 ETF by 24.0% during the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock worth $4,591,000 after acquiring an additional 1,511 shares during the last quarter. Schnieders Capital Management LLC. increased its position in shares of iShares Core S&P 500 ETF by 0.8% during the second quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock worth $3,512,000 after acquiring an additional 45 shares during the last quarter. First Trust Advisors LP lifted its stake in shares of iShares Core S&P 500 ETF by 43.1% in the second quarter. First Trust Advisors LP now owns 6,989 shares of the company’s stock worth $4,340,000 after acquiring an additional 2,105 shares in the last quarter. Finally, Sei Investments Co. lifted its stake in shares of iShares Core S&P 500 ETF by 1.2% in the second quarter. Sei Investments Co. now owns 8,455 shares of the company’s stock worth $5,250,000 after acquiring an additional 97 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.4%

Shares of NYSEARCA IVV opened at $749.14 on Friday. iShares Core S&P 500 ETF has a fifty-two week low of $578.31 and a fifty-two week high of $753.02. The business has a 50 day moving average price of $697.42 and a two-hundred day moving average price of $690.27. The firm has a market cap of $827.24 billion, a PE ratio of 25.10 and a beta of 1.00.

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.