Octavia Wealth Advisors LLC Has $2.22 Million Stock Position in iShares Core S&P 500 ETF $IVV

Octavia Wealth Advisors LLC lifted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 90.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,313 shares of the company’s stock after acquiring an additional 1,576 shares during the period. Octavia Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $2,217,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in IVV. Well Done LLC raised its stake in shares of iShares Core S&P 500 ETF by 2.5% in the third quarter. Well Done LLC now owns 117,478 shares of the company’s stock worth $78,628,000 after purchasing an additional 2,859 shares during the last quarter. Procyon Advisors LLC boosted its stake in shares of iShares Core S&P 500 ETF by 185.1% in the 3rd quarter. Procyon Advisors LLC now owns 12,683 shares of the company’s stock worth $8,489,000 after buying an additional 8,235 shares during the last quarter. Avantra Family Wealth Inc. bought a new position in iShares Core S&P 500 ETF in the 3rd quarter valued at $1,540,000. BostonPremier Wealth LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at $1,001,000. Finally, Silverlake Wealth Management LLC increased its holdings in iShares Core S&P 500 ETF by 5.5% during the third quarter. Silverlake Wealth Management LLC now owns 981 shares of the company’s stock worth $657,000 after buying an additional 51 shares during the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.3%

NYSEARCA:IVV opened at $695.32 on Friday. The firm’s 50 day moving average is $684.45 and its 200 day moving average is $663.72. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $699.17. The stock has a market capitalization of $762.80 billion, a PE ratio of 25.10 and a beta of 1.00.

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. 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.