iShares Core S&P 500 ETF (NYSEARCA:IVV) is Alterna Wealth Management Inc.’s 8th Largest Position

Alterna Wealth Management Inc. trimmed its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 25.1% in the 3rd quarter, HoldingsChannel reports. The fund owned 7,185 shares of the company’s stock after selling 2,404 shares during the quarter. iShares Core S&P 500 ETF makes up about 3.7% of Alterna Wealth Management Inc.’s holdings, making the stock its 8th largest holding. Alterna Wealth Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $4,144,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Hazlett Burt & Watson Inc. boosted its stake in iShares Core S&P 500 ETF by 15.8% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 756 shares of the company’s stock worth $434,000 after purchasing an additional 103 shares during the period. PDS Planning Inc boosted its stake in iShares Core S&P 500 ETF by 26.6% in the 3rd quarter. PDS Planning Inc now owns 136,796 shares of the company’s stock worth $78,907,000 after purchasing an additional 28,774 shares during the period. TKG Advisors LLC bought a new position in iShares Core S&P 500 ETF in the 3rd quarter worth approximately $351,000. Leeward Financial Partners LLC boosted its position in shares of iShares Core S&P 500 ETF by 6.2% during the 3rd quarter. Leeward Financial Partners LLC now owns 6,471 shares of the company’s stock valued at $3,733,000 after acquiring an additional 380 shares during the last quarter. Finally, QRG Capital Management Inc. boosted its position in shares of iShares Core S&P 500 ETF by 4.4% during the 3rd quarter. QRG Capital Management Inc. now owns 7,569 shares of the company’s stock valued at $4,366,000 after acquiring an additional 322 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $572.57 on Tuesday. The company has a market capitalization of $494.07 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a one year low of $435.37 and a one year high of $588.93. The stock has a 50 day moving average price of $571.88 and a 200-day moving average price of $550.60.

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.