iShares Core S&P 500 ETF (NYSEARCA:IVV) Stake Lessened by AIA Group Ltd

AIA Group Ltd cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,285,298 shares of the company’s stock after selling 13,110 shares during the period. iShares Core S&P 500 ETF makes up about 25.2% of AIA Group Ltd’s portfolio, making the stock its largest holding. AIA Group Ltd’s holdings in iShares Core S&P 500 ETF were worth $613,897,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Studio Investment Management LLC purchased a new stake in iShares Core S&P 500 ETF during the 4th quarter worth about $33,000. Horizon Bancorp Inc. IN purchased a new position in iShares Core S&P 500 ETF in the third quarter valued at approximately $40,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in iShares Core S&P 500 ETF during the third quarter worth approximately $41,000. Hibernia Wealth Partners LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at $54,000. Finally, Financial Freedom LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $52,000.

iShares Core S&P 500 ETF Stock Down 0.1 %

IVV traded down $0.65 on Thursday, reaching $502.39. The company had a trading volume of 3,345,768 shares, compared to its average volume of 5,929,971. iShares Core S&P 500 ETF has a 1 year low of $405.54 and a 1 year high of $527.16. The stock has a market capitalization of $430.35 billion, a PE ratio of 25.43 and a beta of 0.99. The stock has a 50-day moving average price of $513.62 and a 200-day moving average price of $477.98.

About iShares Core S&P 500 ETF

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.