Potomac Fund Management Inc. ADV Acquires Shares of 2,312 iShares Core S&P 500 ETF (NYSEARCA:IVV)

Potomac Fund Management Inc. ADV bought a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,312 shares of the company’s stock, valued at approximately $1,361,000. iShares Core S&P 500 ETF comprises about 1.2% of Potomac Fund Management Inc. ADV’s portfolio, making the stock its 19th largest holding.

Other institutional investors have also modified their holdings of the company. Alliance Wealth Management Group boosted its stake in iShares Core S&P 500 ETF by 2.9% during the 4th quarter. Alliance Wealth Management Group now owns 37,221 shares of the company’s stock worth $21,912,000 after purchasing an additional 1,038 shares during the period. May Hill Capital LLC acquired a new position in iShares Core S&P 500 ETF in the fourth quarter valued at $50,529,000. Headlands Technologies LLC raised its holdings in shares of iShares Core S&P 500 ETF by 4.7% in the fourth quarter. Headlands Technologies LLC now owns 19,698 shares of the company’s stock valued at $11,596,000 after buying an additional 887 shares during the last quarter. Lokken Investment Group LLC boosted its stake in shares of iShares Core S&P 500 ETF by 4.3% during the fourth quarter. Lokken Investment Group LLC now owns 1,278 shares of the company’s stock worth $752,000 after buying an additional 53 shares during the period. Finally, National Wealth Management Group LLC grew its holdings in shares of iShares Core S&P 500 ETF by 10.0% during the fourth quarter. National Wealth Management Group LLC now owns 12,010 shares of the company’s stock worth $7,070,000 after buying an additional 1,093 shares during the last quarter.

iShares Core S&P 500 ETF Stock Up 0.3 %

Shares of IVV stock opened at $563.78 on Wednesday. iShares Core S&P 500 ETF has a 52-week low of $496.30 and a 52-week high of $616.22. The stock’s 50-day moving average price is $589.88 and its 200 day moving average price is $589.93. The stock has a market capitalization of $580.69 billion, a PE ratio of 24.79 and a beta of 1.01.

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.