iShares Core S&P 500 ETF $IVV Shares Sold by Forte Asset Management LLC

Forte Asset Management LLC lowered its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 22.3% in the first quarter, Holdings Channel reports. The firm owned 8,599 shares of the company’s stock after selling 2,465 shares during the period. iShares Core S&P 500 ETF makes up about 2.5% of Forte Asset Management LLC’s investment portfolio, making the stock its 14th biggest position. Forte Asset Management LLC’s holdings in iShares Core S&P 500 ETF were worth $5,617,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IVV. Keenan LLC acquired a new position in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $26,000. Decker Retirement Planning Inc. purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter worth approximately $29,000. GS Investments Inc. increased its position in shares of iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after acquiring an additional 20 shares in the last quarter. Palouse Capital Management Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth $38,000. Finally, Imprint Wealth LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the third quarter worth $39,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV stock opened at $748.43 on Monday. The company has a market cap of $888.35 billion, a PE ratio of 25.10 and a beta of 1.00. The company’s fifty day simple moving average is $742.39 and its 200-day simple moving average is $704.67. iShares Core S&P 500 ETF has a 52 week low of $620.85 and a 52 week high of $764.00.

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.