Sumitomo Mitsui Financial Group Inc. Invests $140.55 Million in iShares Core S&P 500 ETF $IVV

Sumitomo Mitsui Financial Group Inc. acquired a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 210,000 shares of the company’s stock, valued at approximately $140,553,000. iShares Core S&P 500 ETF accounts for about 2.5% of Sumitomo Mitsui Financial Group Inc.’s investment portfolio, making the stock its 6th biggest holding.

Several other institutional investors have also added to or reduced their stakes in the stock. Nvwm LLC lifted its holdings in iShares Core S&P 500 ETF by 210.5% in the second quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after buying an additional 40 shares during the period. Winnow Wealth LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter worth approximately $61,000. Conquis Financial LLC bought a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter worth approximately $82,000. Your Advocates Ltd. LLP lifted its stake in shares of iShares Core S&P 500 ETF by 51.6% in the 2nd quarter. Your Advocates Ltd. LLP now owns 138 shares of the company’s stock valued at $86,000 after purchasing an additional 47 shares during the period. Finally, Rice Partnership LLC boosted its position in shares of iShares Core S&P 500 ETF by 30.4% during the third quarter. Rice Partnership LLC now owns 146 shares of the company’s stock valued at $98,000 after purchasing an additional 34 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Trading Down 0.6%

Shares of iShares Core S&P 500 ETF stock opened at $692.41 on Friday. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $700.97. The firm has a market capitalization of $761.10 billion, a P/E ratio of 25.10 and a beta of 1.00. The business has a fifty day simple moving average of $691.50 and a two-hundred day simple moving average of $676.36.

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.