Alta Wealth Advisors LLC Boosts Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Alta Wealth Advisors LLC raised its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 14.5% during the third quarter, Holdings Channel reports. The firm owned 4,536 shares of the company’s stock after buying an additional 576 shares during the quarter. iShares Core S&P 500 ETF comprises 1.2% of Alta Wealth Advisors LLC’s portfolio, making the stock its 20th largest holding. Alta Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $2,616,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. 1620 Investment Advisors Inc. purchased a new position in iShares Core S&P 500 ETF during the 2nd quarter valued at about $36,000. Thompson Investment Management Inc. acquired a new stake in shares of iShares Core S&P 500 ETF during the first quarter worth about $37,000. Covestor Ltd lifted its position in shares of iShares Core S&P 500 ETF by 321.1% during the first quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after purchasing an additional 61 shares in the last quarter. LRI Investments LLC acquired a new position in shares of iShares Core S&P 500 ETF in the first quarter valued at approximately $55,000. Finally, Proffitt & Goodson Inc. increased its stake in iShares Core S&P 500 ETF by 21.2% during the 2nd quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock worth $56,000 after buying an additional 18 shares during the period.

iShares Core S&P 500 ETF Stock Up 0.4 %

Shares of IVV stock opened at $587.46 on Friday. The firm has a 50 day moving average of $566.53 and a two-hundred day moving average of $545.24. The stock has a market capitalization of $506.92 billion, a PE ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 52 week low of $411.02 and a 52 week high of $588.93.

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.