Taiyo Life Insurance Co. Decreases Holdings in iShares Core S&P 500 ETF $IVV

Taiyo Life Insurance Co. reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 18.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 315,475 shares of the ETF’s stock after selling 70,000 shares during the period. iShares Core S&P 500 ETF makes up approximately 22.7% of Taiyo Life Insurance Co.’s investment portfolio, making the stock its biggest position. Taiyo Life Insurance Co.’s holdings in iShares Core S&P 500 ETF were worth $206,071,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IVV. Next Capital Management LLC raised its stake in iShares Core S&P 500 ETF by 1.1% during the first quarter. Next Capital Management LLC now owns 70,599 shares of the ETF’s stock worth $46,116,000 after acquiring an additional 765 shares in the last quarter. True North Advisors LLC boosted its stake in shares of iShares Core S&P 500 ETF by 56.3% in the 1st quarter. True North Advisors LLC now owns 4,493 shares of the ETF’s stock valued at $2,935,000 after purchasing an additional 1,619 shares in the last quarter. AIA Group Ltd boosted its stake in shares of iShares Core S&P 500 ETF by 7.4% in the 1st quarter. AIA Group Ltd now owns 2,337,533 shares of the ETF’s stock valued at $1,526,900,000 after purchasing an additional 160,781 shares in the last quarter. Spartan Wealth Advisory Services LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 1st quarter valued at approximately $1,911,000. Finally, WealthTrust Asset Management LLC grew its holdings in shares of iShares Core S&P 500 ETF by 13.3% during the 1st quarter. WealthTrust Asset Management LLC now owns 974 shares of the ETF’s stock valued at $636,000 after purchasing an additional 114 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $746.72 on Monday. The company has a 50 day simple moving average of $748.30 and a 200 day simple moving average of $709.41. The stock has a market cap of $879.71 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $622.31 and a 1 year high of $764.00.

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.