4Thought Financial Group Inc. Reduces Position in iShares Core S&P 500 ETF $IVV

4Thought Financial Group Inc. reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 11.5% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 29,150 shares of the company’s stock after selling 3,805 shares during the period. iShares Core S&P 500 ETF comprises approximately 9.4% of 4Thought Financial Group Inc.’s portfolio, making the stock its 2nd biggest position. 4Thought Financial Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $19,041,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Legacy Private Trust Co. lifted its holdings in shares of iShares Core S&P 500 ETF by 1.1% in the fourth quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock worth $228,119,000 after buying an additional 3,711 shares in the last quarter. Hubbell Strickland Wealth Management LLC grew its stake in iShares Core S&P 500 ETF by 2.0% during the fourth quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock valued at $27,172,000 after acquiring an additional 792 shares in the last quarter. Belpointe Asset Management LLC increased its holdings in iShares Core S&P 500 ETF by 4.5% during the 4th quarter. Belpointe Asset Management LLC now owns 39,767 shares of the company’s stock worth $27,239,000 after acquiring an additional 1,700 shares during the period. Atria Investments Inc increased its holdings in iShares Core S&P 500 ETF by 14.0% during the 4th quarter. Atria Investments Inc now owns 251,381 shares of the company’s stock worth $172,181,000 after acquiring an additional 30,777 shares during the period. Finally, M&T Bank Corp lifted its stake in iShares Core S&P 500 ETF by 0.8% in 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. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $748.43 on Friday. The firm has a fifty day moving average price of $742.39 and a two-hundred day moving average price of $704.53. iShares Core S&P 500 ETF has a one year low of $620.85 and a one year high of $764.00. The company has a market cap of $887.34 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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. 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.