Precedent Wealth Partners LLC Raises Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Precedent Wealth Partners LLC lifted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,195 shares of the company’s stock after acquiring an additional 234 shares during the period. iShares Core S&P 500 ETF makes up approximately 4.0% of Precedent Wealth Partners LLC’s portfolio, making the stock its 4th largest position. Precedent Wealth Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $12,226,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Stratos Investment Management LLC grew its stake in shares of iShares Core S&P 500 ETF by 3.8% in the third quarter. Stratos Investment Management LLC now owns 34,220 shares of the company’s stock worth $19,739,000 after acquiring an additional 1,253 shares during the period. Stratos Wealth Advisors LLC boosted its holdings in iShares Core S&P 500 ETF by 4.7% in the third quarter. Stratos Wealth Advisors LLC now owns 71,810 shares of the company’s stock worth $41,422,000 after purchasing an additional 3,254 shares during the last quarter. Stratos Wealth Partners LTD. boosted its holdings in iShares Core S&P 500 ETF by 12.8% in the third quarter. Stratos Wealth Partners LTD. now owns 335,531 shares of the company’s stock worth $193,541,000 after purchasing an additional 38,177 shares during the last quarter. Orgel Wealth Management LLC grew its position in iShares Core S&P 500 ETF by 5.0% in the 3rd quarter. Orgel Wealth Management LLC now owns 426,065 shares of the company’s stock worth $245,763,000 after purchasing an additional 20,434 shares during the period. Finally, Inspire Advisors LLC raised its stake in iShares Core S&P 500 ETF by 2.4% during the 3rd quarter. Inspire Advisors LLC now owns 3,395 shares of the company’s stock valued at $1,959,000 after buying an additional 78 shares during the last quarter.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $587.39 on Friday. iShares Core S&P 500 ETF has a 1-year low of $411.02 and a 1-year high of $588.93. The stock has a market capitalization of $506.86 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The business’s fifty day moving average price is $566.53 and its 200-day moving average price is $545.08.

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.