iShares Core S&P 500 ETF (NYSEARCA:IVV) is Alterna Wealth Management Inc.’s 4th Largest Position

Alterna Wealth Management Inc. cut its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,711 shares of the company’s stock after selling 561 shares during the period. iShares Core S&P 500 ETF accounts for about 4.4% of Alterna Wealth Management Inc.’s portfolio, making the stock its 4th biggest position. Alterna Wealth Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $3,683,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. TruWealth Advisors LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 2.4% in the 4th quarter. TruWealth Advisors LLC now owns 907 shares of the company’s stock valued at $433,000 after purchasing an additional 21 shares during the last quarter. Great Waters Wealth Management boosted its holdings in shares of iShares Core S&P 500 ETF by 1.7% in the 4th quarter. Great Waters Wealth Management now owns 1,326 shares of the company’s stock valued at $625,000 after purchasing an additional 22 shares during the last quarter. TriaGen Wealth Management LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 3.6% during the 4th quarter. TriaGen Wealth Management LLC now owns 629 shares of the company’s stock valued at $300,000 after acquiring an additional 22 shares in the last quarter. Arista Wealth Management LLC boosted its position in iShares Core S&P 500 ETF by 0.4% during the 4th quarter. Arista Wealth Management LLC now owns 6,122 shares of the company’s stock worth $2,924,000 after purchasing an additional 22 shares during the period. Finally, Financial Perspectives Inc boosted its position in iShares Core S&P 500 ETF by 0.4% during the 4th quarter. Financial Perspectives Inc now owns 5,988 shares of the company’s stock worth $2,860,000 after purchasing an additional 22 shares during the period.

iShares Core S&P 500 ETF Stock Performance

iShares Core S&P 500 ETF stock traded up $6.38 during trading on Friday, reaching $513.84. 3,003,970 shares of the company’s stock were exchanged, compared to its average volume of 5,734,856. The company’s 50-day moving average is $514.48 and its two-hundred day moving average is $483.84. iShares Core S&P 500 ETF has a 52-week low of $405.54 and a 52-week high of $527.16. The firm has a market cap of $443.39 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.