SBI Okasan Asset Management Co.Ltd. Makes New Investment in iShares Core S&P 500 ETF $IVV

SBI Okasan Asset Management Co.Ltd. acquired a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm 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 portfolio, making the stock its 15th largest position.

Several other institutional investors have also added to or reduced their stakes in the stock. Nicollet Investment Management Inc. lifted its position in iShares Core S&P 500 ETF by 1.0% in the 3rd quarter. Nicollet Investment Management Inc. now owns 1,480 shares of the company’s stock valued at $991,000 after acquiring an additional 15 shares in the last quarter. Anchor Investment Management LLC lifted its position in iShares Core S&P 500 ETF by 3.1% in the 3rd quarter. Anchor Investment Management LLC now owns 503 shares of the company’s stock valued at $337,000 after acquiring an additional 15 shares in the last quarter. Wealth Effects LLC lifted its position in iShares Core S&P 500 ETF by 0.4% in the 4th quarter. Wealth Effects LLC now owns 4,276 shares of the company’s stock valued at $2,929,000 after acquiring an additional 15 shares in the last quarter. West Wealth Group LLC lifted its position in iShares Core S&P 500 ETF by 1.1% in the 4th quarter. West Wealth Group LLC now owns 1,440 shares of the company’s stock valued at $987,000 after acquiring an additional 15 shares in the last quarter. Finally, Keeler & Nadler Financial Planning & Wealth Management lifted its position in iShares Core S&P 500 ETF by 2.9% in the 4th quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 539 shares of the company’s stock valued at $369,000 after acquiring an additional 15 shares in the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Trading Up 0.5%

IVV opened at $758.17 on Friday. The stock has a market capitalization of $837.21 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $586.05 and a 12 month high of $758.72. The firm’s fifty day simple moving average is $704.17 and its 200 day simple moving average is $692.46.

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.