Alterna Wealth Management Inc. Sells 2,404 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Alterna Wealth Management Inc. cut its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 25.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,185 shares of the company’s stock after selling 2,404 shares during the period. iShares Core S&P 500 ETF comprises approximately 3.7% of Alterna Wealth Management Inc.’s portfolio, making the stock its 8th largest position. 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.

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

iShares Core S&P 500 ETF Trading Down 0.2 %

IVV stock opened at $572.57 on Tuesday. The firm has a 50 day moving average of $571.88 and a 200-day moving average of $550.60. iShares Core S&P 500 ETF has a 12 month low of $435.37 and a 12 month high of $588.93. The firm has a market capitalization of $494.07 billion, a P/E ratio of 25.23 and a beta of 0.99.

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.