Daido Life Insurance Co. Boosts Position in iShares Core S&P 500 ETF $IVV

Daido Life Insurance Co. grew its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 369,902 shares of the company’s stock after acquiring an additional 18,106 shares during the quarter. iShares Core S&P 500 ETF comprises about 35.6% of Daido Life Insurance Co.’s portfolio, making the stock its 2nd largest position. Daido Life Insurance Co.’s holdings in iShares Core S&P 500 ETF were worth $247,575,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares Core S&P 500 ETF by 3.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,488,472 shares of the company’s stock worth $20,172,093,000 after buying an additional 1,190,963 shares during the period. Envestnet Asset Management Inc. grew its position in iShares Core S&P 500 ETF by 0.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 28,570,831 shares of the company’s stock valued at $19,122,455,000 after acquiring an additional 201,983 shares during the last quarter. JPMorgan Chase & Co. increased its stake 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 increased its stake in iShares Core S&P 500 ETF by 1.8% in the second quarter. Creative Planning now owns 22,229,974 shares of the company’s stock worth $13,802,591,000 after purchasing an additional 398,230 shares during the period. Finally, Jones Financial Companies Lllp lifted its position in shares of iShares Core S&P 500 ETF by 3.6% during the third quarter. Jones Financial Companies Lllp now owns 17,201,745 shares of the company’s stock worth $11,437,403,000 after purchasing an additional 601,254 shares during the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Trading Down 0.5%

NYSEARCA IVV opened at $689.29 on Thursday. The company’s 50-day moving average price is $689.96 and its 200-day moving average price is $670.57. The stock has a market cap of $757.67 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $700.97.

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.