Forefront Wealth Partners LLC Sells 2,544 Shares of iShares Core S&P 500 ETF $IVV

Forefront Wealth Partners LLC reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 18.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 11,262 shares of the company’s stock after selling 2,544 shares during the quarter. iShares Core S&P 500 ETF accounts for about 3.7% of Forefront Wealth Partners LLC’s holdings, making the stock its 3rd biggest position. Forefront Wealth Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $7,714,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Decker Retirement Planning Inc. acquired a new position in iShares Core S&P 500 ETF in the 4th quarter valued at approximately $29,000. Palouse Capital Management Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth $38,000. Imprint Wealth LLC acquired a new stake in iShares Core S&P 500 ETF in the third quarter valued at $39,000. Dorato Capital Management acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at $55,000. Finally, EQ Wealth Advisors LLC bought a new position in iShares Core S&P 500 ETF during the 4th quarter worth $55,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.6%

Shares of IVV opened at $737.19 on Wednesday. iShares Core S&P 500 ETF has a 12 month low of $578.31 and a 12 month high of $753.02. The company has a market capitalization of $814.04 billion, a PE ratio of 25.10 and a beta of 1.00. The stock’s 50-day moving average price is $693.43 and its two-hundred day moving average price is $688.99.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.