Nomura Asset Management Co. Ltd. Increases Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Nomura Asset Management Co. Ltd. increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 169.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 60,765 shares of the company’s stock after buying an additional 38,220 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in iShares Core S&P 500 ETF were worth $35,771,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in shares of iShares Core S&P 500 ETF by 11.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after purchasing an additional 2,187,803 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in iShares Core S&P 500 ETF by 2.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock valued at $8,902,980,000 after buying an additional 338,269 shares during the period. Bank of New York Mellon Corp raised its position in iShares Core S&P 500 ETF by 1.3% during the 4th quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock worth $8,185,485,000 after buying an additional 183,962 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of iShares Core S&P 500 ETF by 4.1% in the 4th quarter. Jones Financial Companies Lllp now owns 12,051,651 shares of the company’s stock worth $7,094,566,000 after acquiring an additional 476,796 shares during the period. Finally, Prudential Financial Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 142.1% in the fourth quarter. Prudential Financial Inc. now owns 11,609,297 shares of the company’s stock valued at $6,834,161,000 after acquiring an additional 6,813,214 shares in the last quarter.

iShares Core S&P 500 ETF Stock Down 2.0 %

Shares of NYSEARCA:IVV opened at $558.12 on Friday. iShares Core S&P 500 ETF has a 52 week low of $496.30 and a 52 week high of $616.22. The company has a 50-day moving average price of $591.49 and a 200 day moving average price of $589.45. The company has a market cap of $537.47 billion, a P/E ratio of 24.98 and a beta of 1.01.

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.