Forum Financial Management LP Reduces Stake in iShares Core S&P 500 ETF $IVV

Forum Financial Management LP lessened its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 8.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,546 shares of the company’s stock after selling 821 shares during the period. Forum Financial Management LP’s holdings in iShares Core S&P 500 ETF were worth $5,583,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in IVV. Legacy Private Trust Co. raised its position in iShares Core S&P 500 ETF by 1.1% during the fourth quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock worth $228,119,000 after acquiring an additional 3,711 shares during the last quarter. Hubbell Strickland Wealth Management LLC grew its position in shares of iShares Core S&P 500 ETF by 2.0% in the fourth quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock valued at $27,172,000 after purchasing an additional 792 shares during the last quarter. Belpointe Asset Management LLC grew its position in shares of iShares Core S&P 500 ETF by 4.5% in the fourth quarter. Belpointe Asset Management LLC now owns 39,767 shares of the company’s stock valued at $27,239,000 after purchasing an additional 1,700 shares during the last quarter. Atria Investments Inc grew its position in shares of iShares Core S&P 500 ETF by 14.0% in the fourth quarter. Atria Investments Inc now owns 251,381 shares of the company’s stock valued at $172,181,000 after purchasing an additional 30,777 shares during the last quarter. Finally, M&T Bank Corp increased its stake in shares of iShares Core S&P 500 ETF by 0.8% during the 4th quarter. M&T Bank Corp now owns 1,309,001 shares of the company’s stock worth $896,587,000 after purchasing an additional 10,723 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $749.10 on Thursday. iShares Core S&P 500 ETF has a 1 year low of $619.58 and a 1 year high of $764.00. The company has a market capitalization of $888.13 billion, a P/E ratio of 25.10 and a beta of 1.00. The business has a 50 day moving average price of $740.89 and a 200 day moving average price of $703.77.

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.