Focus Financial Network Inc. Sells 7,062 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Focus Financial Network Inc. lowered its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 188,496 shares of the company’s stock after selling 7,062 shares during the period. iShares Core S&P 500 ETF comprises 4.4% of Focus Financial Network Inc.’s portfolio, making the stock its 3rd largest holding. Focus Financial Network Inc.’s holdings in iShares Core S&P 500 ETF were worth $110,964,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. SYM FINANCIAL Corp acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $30,000. Modus Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth $32,000. Ulland Investment Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at $32,000. Safe Harbor Fiduciary LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the third quarter valued at $33,000. Finally, Cedar Wealth Management LLC increased its position in iShares Core S&P 500 ETF by 139.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after purchasing an additional 39 shares in the last quarter.

iShares Core S&P 500 ETF Trading Down 0.3 %

Shares of IVV stock opened at $606.21 on Thursday. The company has a market capitalization of $523.10 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The firm has a 50-day moving average price of $600.72 and a 200 day moving average price of $582.19. iShares Core S&P 500 ETF has a twelve month low of $493.07 and a twelve month high of $613.79.

iShares Core S&P 500 ETF Company 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.