Forte Asset Management LLC Reduces Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Forte Asset Management LLC lessened its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.3% in the fourth quarter, Holdings Channel reports. The fund owned 10,489 shares of the company’s stock after selling 141 shares during the quarter. iShares Core S&P 500 ETF comprises 3.3% of Forte Asset Management LLC’s investment portfolio, making the stock its 11th biggest holding. Forte Asset Management LLC’s holdings in iShares Core S&P 500 ETF were worth $6,175,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Modus Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $32,000. Ulland Investment Advisors LLC bought a new position in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $32,000. Safe Harbor Fiduciary LLC purchased a new position in iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $33,000. Cedar Wealth Management LLC increased its stake in iShares Core S&P 500 ETF by 139.3% in the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after acquiring an additional 39 shares during the last quarter. Finally, Kennebec Savings Bank purchased a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter worth approximately $40,000.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $607.94 on Friday. The firm has a fifty day moving average price of $600.08 and a 200 day moving average price of $578.77. iShares Core S&P 500 ETF has a fifty-two week low of $485.19 and a fifty-two week high of $613.79. The firm has a market cap of $524.59 billion, a PE ratio of 25.23 and a beta of 0.99.

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.