EverSource Wealth Advisors LLC Raises Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

EverSource Wealth Advisors LLC lifted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.0% in the third quarter, Holdings Channel reports. The fund owned 20,361 shares of the company’s stock after purchasing an additional 971 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $11,745,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. 1620 Investment Advisors Inc. purchased a new position in iShares Core S&P 500 ETF during the 2nd quarter valued at about $36,000. Cedar Wealth Management LLC boosted its holdings in iShares Core S&P 500 ETF by 139.3% in the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after purchasing an additional 39 shares during the last quarter. Kennebec Savings Bank acquired a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter worth approximately $40,000. Covestor Ltd grew its position in shares of iShares Core S&P 500 ETF by 321.1% during the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after acquiring an additional 61 shares during the period. Finally, Peterson Financial Group Inc. purchased a new stake in iShares Core S&P 500 ETF in the 3rd quarter worth $46,000.

iShares Core S&P 500 ETF Stock Down 0.9 %

Shares of NYSEARCA IVV traded down $5.08 during midday trading on Wednesday, hitting $588.09. The stock had a trading volume of 481,709 shares, compared to its average volume of 5,044,193. iShares Core S&P 500 ETF has a 1 year low of $454.06 and a 1 year high of $603.09. The company has a market capitalization of $507.46 billion, a PE ratio of 25.23 and a beta of 0.99. The stock has a 50 day simple moving average of $580.22 and a 200-day simple moving average of $557.43.

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.