46 Peaks LLC Acquires Shares of 1,588 iShares Core S&P 500 ETF $IVV

46 Peaks LLC bought a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,588 shares of the company’s stock, valued at approximately $1,088,000. iShares Core S&P 500 ETF comprises about 0.8% of 46 Peaks LLC’s investment portfolio, making the stock its 12th biggest holding.

A number of other hedge funds have also made changes to their positions in the company. Keenan LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth approximately $26,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth approximately $29,000. GS Investments Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after acquiring an additional 20 shares in the last quarter. Palouse Capital Management Inc. bought a new stake in iShares Core S&P 500 ETF during the 4th quarter worth approximately $38,000. Finally, Imprint Wealth LLC bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth approximately $39,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $750.11 on Friday. The company has a market cap of $828.31 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock has a fifty day moving average price of $734.01 and a two-hundred day moving average price of $700.66. iShares Core S&P 500 ETF has a 52-week low of $594.71 and a 52-week high of $764.00.

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. 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.