Providence Financial Advisors LLC Makes New Investment in iShares Core S&P 500 ETF $IVV

Providence Financial Advisors LLC acquired a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 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 investment portfolio, making the stock its biggest holding.

Several other hedge funds also recently modified their holdings of the stock. Americana Partners LLC increased its stake in iShares Core S&P 500 ETF by 21.8% in the 3rd quarter. Americana Partners LLC now owns 6,635 shares of the company’s stock valued at $4,441,000 after buying an additional 1,187 shares during the last quarter. Forza Wealth Management LLC grew its holdings in shares of iShares Core S&P 500 ETF by 28.7% in the third quarter. Forza Wealth Management LLC now owns 6,457 shares of the company’s stock valued at $4,322,000 after acquiring an additional 1,438 shares in the last quarter. Fonville Wealth Management LLC increased its position in shares of iShares Core S&P 500 ETF by 121.3% during the third quarter. Fonville Wealth Management LLC now owns 5,882 shares of the company’s stock valued at $3,937,000 after acquiring an additional 3,224 shares during the last quarter. Fortitude Family Office LLC lifted its holdings in iShares Core S&P 500 ETF by 13.4% during the third quarter. Fortitude Family Office LLC now owns 49,231 shares of the company’s stock worth $32,950,000 after acquiring an additional 5,800 shares during the period. Finally, Community Trust & Investment Co. boosted its position in iShares Core S&P 500 ETF by 29.9% in the third quarter. Community Trust & Investment Co. now owns 4,314 shares of the company’s stock worth $2,887,000 after purchasing an additional 992 shares during the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $684.76 on Monday. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $700.97. The company has a market capitalization of $752.69 billion, a PE ratio of 25.10 and a beta of 1.00. The business has a fifty day moving average price of $690.52 and a two-hundred day moving average price of $673.43.

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.