Providence Financial Advisors LLC Acquires New Stake in iShares Core S&P 500 ETF $IVV

Providence Financial Advisors LLC bought a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 34,088 shares of the company’s stock, valued at approximately $22,815,000. iShares Core S&P 500 ETF comprises 21.8% of Providence Financial Advisors LLC’s holdings, making the stock its biggest position.

Several other hedge funds have also recently made changes to their positions in IVV. Nvwm LLC raised its stake in iShares Core S&P 500 ETF by 210.5% in the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after acquiring an additional 40 shares during the period. Winnow Wealth LLC purchased a new position in shares of iShares Core S&P 500 ETF in the third quarter worth about $61,000. Conquis Financial LLC bought a new stake in shares of iShares Core S&P 500 ETF in the third quarter valued at approximately $82,000. Your Advocates Ltd. LLP lifted its stake in shares of iShares Core S&P 500 ETF by 51.6% during the 2nd quarter. Your Advocates Ltd. LLP now owns 138 shares of the company’s stock valued at $86,000 after buying an additional 47 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new position in iShares Core S&P 500 ETF in the 2nd quarter worth approximately $92,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Trading Up 0.1%

iShares Core S&P 500 ETF stock opened at $684.76 on Monday. The firm has a 50 day simple moving average of $690.52 and a 200 day simple moving average of $673.43. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $700.97. The firm has a market capitalization of $752.69 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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. 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.