Forbes Financial Planning Inc. cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 31.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,064 shares of the company’s stock after selling 6,329 shares during the quarter. iShares Core S&P 500 ETF makes up 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 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of IVV. JPMorgan Chase & Co. increased its position in shares of iShares Core S&P 500 ETF by 11.7% in the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after buying an additional 2,187,803 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of iShares Core S&P 500 ETF by 2.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 15,123,633 shares of the company’s stock worth $8,902,980,000 after purchasing an additional 338,269 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of iShares Core S&P 500 ETF by 1.3% during the fourth quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock worth $8,185,485,000 after purchasing an additional 183,962 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of iShares Core S&P 500 ETF by 4.1% during the fourth quarter. Jones Financial Companies Lllp now owns 12,051,651 shares of the company’s stock worth $7,094,566,000 after purchasing an additional 476,796 shares in the last quarter. Finally, Nisa Investment Advisors LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $5,813,061,000.
iShares Core S&P 500 ETF Stock Performance
Shares of IVV opened at $561.93 on Wednesday. The stock has a 50 day moving average price of $594.93 and a 200 day moving average price of $589.06. The stock has a market capitalization of $541.14 billion, a price-to-earnings ratio of 24.98 and a beta of 1.01. iShares Core S&P 500 ETF has a one year low of $496.30 and a one year 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.
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