SBI Okasan Asset Management Co.Ltd. Invests $4.40 Million in iShares Core S&P 500 ETF $IVV

SBI Okasan Asset Management Co.Ltd. acquired a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 6,361 shares of the company’s stock, valued at approximately $4,395,000. iShares Core S&P 500 ETF accounts for 0.2% of SBI Okasan Asset Management Co.Ltd.’s holdings, making the stock its 15th largest holding.

Other large investors have also bought and sold shares of the company. Decker Retirement Planning Inc. bought a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $29,000. GS Investments Inc. boosted its holdings in 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 buying an additional 20 shares during the last quarter. Palouse Capital Management Inc. bought a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $38,000. Imprint Wealth LLC bought a new position in iShares Core S&P 500 ETF during the third quarter worth about $39,000. Finally, Dorato Capital Management acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter worth $55,000. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

IVV opened at $758.17 on Friday. The firm’s fifty day moving average is $704.17 and its two-hundred day moving average is $692.46. The firm has a market cap of $837.21 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $586.05 and a twelve month high of $758.72.

iShares Core S&P 500 ETF 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.