Daiwa Securities Group Inc. Sells 213,845 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Daiwa Securities Group Inc. trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 59.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 146,368 shares of the company’s stock after selling 213,845 shares during the period. Daiwa Securities Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $86,164,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of IVV. Nisa Investment Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter worth $5,813,061,000. Proficio Capital Partners LLC increased its holdings in iShares Core S&P 500 ETF by 40,255.6% during the fourth quarter. Proficio Capital Partners LLC now owns 8,128,820 shares of the company’s stock worth $4,785,274,000 after buying an additional 8,108,677 shares during the last quarter. Raymond James Financial Inc. bought a new stake in iShares Core S&P 500 ETF in the fourth quarter worth about $2,428,403,000. Alberta Investment Management Corp boosted its stake in iShares Core S&P 500 ETF by 121.2% in the fourth quarter. Alberta Investment Management Corp now owns 5,660,361 shares of the company’s stock valued at $3,332,141,000 after acquiring an additional 3,101,389 shares during the last quarter. Finally, MKP Capital Management L.L.C. bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at approximately $1,568,883,000.

iShares Core S&P 500 ETF Stock Up 0.5 %

Shares of IVV stock opened at $578.51 on Monday. The firm has a market cap of $575.41 billion, a P/E ratio of 26.66 and a beta of 1.01. The company has a 50 day moving average of $599.05 and a 200-day moving average of $589.11. iShares Core S&P 500 ETF has a 12-month low of $496.30 and a 12-month high of $616.22.

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.