iShares Core S&P 500 ETF (NYSEARCA:IVV) is Forbes Financial Planning Inc.’s 6th Largest Position

Forbes Financial Planning Inc. reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 31.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 14,064 shares of the company’s stock after selling 6,329 shares during the period. iShares Core S&P 500 ETF accounts for approximately 6.1% of Forbes Financial Planning Inc.’s investment portfolio, making the stock its 6th largest position. Forbes Financial Planning Inc.’s holdings in iShares Core S&P 500 ETF were worth $8,279,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of IVV. Arvest Bank Trust Division acquired a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at $102,003,000. United Bank lifted its stake in shares of iShares Core S&P 500 ETF by 22.2% in the 3rd quarter. United Bank now owns 1,079 shares of the company’s stock valued at $622,000 after purchasing an additional 196 shares during the last quarter. Natixis Advisors LLC lifted its stake in shares of iShares Core S&P 500 ETF by 9.7% in the 3rd quarter. Natixis Advisors LLC now owns 34,775 shares of the company’s stock valued at $20,059,000 after purchasing an additional 3,089 shares during the last quarter. Meeder Advisory Services Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 64.0% in the 3rd quarter. Meeder Advisory Services Inc. now owns 1,394 shares of the company’s stock valued at $804,000 after purchasing an additional 544 shares during the last quarter. Finally, Common Fund For Nonprofit Organizations acquired a new position in iShares Core S&P 500 ETF during the 3rd quarter worth about $33,244,000.

iShares Core S&P 500 ETF Trading Down 1.3 %

IVV opened at $561.93 on Wednesday. The stock’s 50-day moving average price is $594.93 and its 200 day moving average price is $589.06. iShares Core S&P 500 ETF has a 12-month low of $496.30 and a 12-month high of $616.22. The firm has a market cap of $541.14 billion, a price-to-earnings ratio of 24.98 and a beta of 1.01.

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.