ForthRight Wealth Management LLC Makes New Investment in iShares Core S&P 500 ETF $IVV

ForthRight Wealth Management LLC bought a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 2nd quarter, Holdings Channel.com reports. The firm bought 414 shares of the company’s stock, valued at approximately $257,000.

Several other hedge funds have also recently bought and sold shares of the business. Envestnet Asset Management Inc. increased its position in iShares Core S&P 500 ETF by 6.4% during the first quarter. Envestnet Asset Management Inc. now owns 35,694,204 shares of the company’s stock worth $20,056,573,000 after buying an additional 2,160,133 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in iShares Core S&P 500 ETF by 2.5% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 31,297,509 shares of the company’s stock worth $17,586,070,000 after buying an additional 768,618 shares during the last quarter. New Vernon Capital Holdings II LLC increased its position in iShares Core S&P 500 ETF by 53,779.2% during the first quarter. New Vernon Capital Holdings II LLC now owns 24,775,295 shares of the company’s stock worth $13,921,238,000 after buying an additional 24,729,312 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares Core S&P 500 ETF by 31.4% in the first quarter. JPMorgan Chase & Co. now owns 23,892,610 shares of the company’s stock valued at $13,425,259,000 after purchasing an additional 5,708,115 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of iShares Core S&P 500 ETF by 1.0% in the first quarter. PNC Financial Services Group Inc. now owns 15,270,271 shares of the company’s stock valued at $8,580,365,000 after purchasing an additional 146,638 shares during the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA:IVV opened at $667.69 on Friday. The company has a market cap of $697.70 billion, a P/E ratio of 25.10 and a beta of 1.00. The stock’s 50-day moving average is $657.92 and its 200-day moving average is $614.02. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $677.20.

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.