Frontier Asset Management LLC Sells 18,664 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Frontier Asset Management LLC trimmed its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 71.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,539 shares of the company’s stock after selling 18,664 shares during the quarter. iShares Core S&P 500 ETF accounts for 1.5% of Frontier Asset Management LLC’s holdings, making the stock its 22nd largest holding. Frontier Asset Management LLC’s holdings in iShares Core S&P 500 ETF were worth $4,438,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the company. Arvest Bank Trust Division acquired a new stake in iShares Core S&P 500 ETF in the third quarter valued at approximately $102,003,000. Summit Global Investments boosted its position in iShares Core S&P 500 ETF by 227.6% in the third quarter. Summit Global Investments now owns 2,863 shares of the company’s stock valued at $1,652,000 after buying an additional 1,989 shares in the last quarter. Fiera Capital Corp boosted its position in iShares Core S&P 500 ETF by 0.3% in the third quarter. Fiera Capital Corp now owns 20,766 shares of the company’s stock valued at $11,978,000 after buying an additional 67 shares in the last quarter. Leavell Investment Management Inc. boosted its position in iShares Core S&P 500 ETF by 0.7% in the third quarter. Leavell Investment Management Inc. now owns 17,134 shares of the company’s stock valued at $9,883,000 after buying an additional 116 shares in the last quarter. Finally, Beckerman Institutional LLC acquired a new stake in iShares Core S&P 500 ETF in the third quarter valued at approximately $459,000.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $578.51 on Friday. The firm has a market cap of $575.41 billion, a PE ratio of 26.66 and a beta of 1.01. The firm’s fifty day moving average is $599.05 and its 200-day moving average is $588.94. iShares Core S&P 500 ETF has a 52 week low of $496.30 and a 52 week high of $616.22.

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.