Provence Wealth Management Group Has $13.69 Million Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Provence Wealth Management Group lessened its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 28,667 shares of the company’s stock after selling 3,477 shares during the quarter. iShares Core S&P 500 ETF makes up about 7.4% of Provence Wealth Management Group’s investment portfolio, making the stock its largest position. Provence Wealth Management Group’s holdings in iShares Core S&P 500 ETF were worth $13,692,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Pettinga Financial Advisors LLC lifted its stake in iShares Core S&P 500 ETF by 25.5% in the third quarter. Pettinga Financial Advisors LLC now owns 83,579 shares of the company’s stock worth $35,891,000 after purchasing an additional 16,967 shares during the last quarter. Verus Financial Partners Inc. grew its position in iShares Core S&P 500 ETF by 0.4% in the 3rd quarter. Verus Financial Partners Inc. now owns 55,531 shares of the company’s stock valued at $24,068,000 after acquiring an additional 201 shares during the last quarter. Private Ocean LLC increased its stake in iShares Core S&P 500 ETF by 12.7% in the third quarter. Private Ocean LLC now owns 21,140 shares of the company’s stock worth $9,078,000 after purchasing an additional 2,387 shares during the period. Tectonic Advisors LLC lifted its position in shares of iShares Core S&P 500 ETF by 8.1% during the third quarter. Tectonic Advisors LLC now owns 82,033 shares of the company’s stock worth $35,227,000 after purchasing an additional 6,135 shares during the last quarter. Finally, Financial Management Network Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 5.2% during the third quarter. Financial Management Network Inc. now owns 61,234 shares of the company’s stock valued at $26,120,000 after purchasing an additional 3,021 shares during the period.

iShares Core S&P 500 ETF Stock Up 1.3 %

IVV stock traded up $6.38 during trading on Friday, hitting $513.84. The company had a trading volume of 3,003,970 shares, compared to its average volume of 5,734,856. iShares Core S&P 500 ETF has a 52-week low of $405.54 and a 52-week high of $527.16. The company has a 50 day simple moving average of $514.48 and a 200-day simple moving average of $483.84. The firm has a market capitalization of $443.39 billion, a P/E ratio of 25.23 and a beta of 0.99.

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.