Keenan LLC Takes $14.45 Million Position in iShares Core S&P 500 ETF $IVV

Keenan LLC acquired a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 21,089 shares of the company’s stock, valued at approximately $14,445,000. iShares Core S&P 500 ETF accounts for approximately 12.7% of Keenan LLC’s investment portfolio, making the stock its biggest holding.

A number of other institutional investors have also added to or reduced their stakes in the stock. Legacy Private Trust Co. raised its stake in iShares Core S&P 500 ETF by 1.1% in the fourth quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock valued at $228,119,000 after purchasing an additional 3,711 shares in the last quarter. Coyle Financial Counsel LLC grew its stake in iShares Core S&P 500 ETF by 7.1% in the 3rd quarter. Coyle Financial Counsel LLC now owns 107,161 shares of the company’s stock worth $71,723,000 after buying an additional 7,120 shares in the last quarter. Hubbell Strickland Wealth Management LLC grew its stake in iShares Core S&P 500 ETF by 2.0% in the 4th quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock worth $27,172,000 after buying an additional 792 shares in the last quarter. Belpointe Asset Management LLC increased its holdings in shares of iShares Core S&P 500 ETF by 4.5% in the 4th quarter. Belpointe Asset Management LLC now owns 39,767 shares of the company’s stock worth $27,239,000 after buying an additional 1,700 shares during the last quarter. Finally, Atria Investments Inc increased its holdings in shares of iShares Core S&P 500 ETF by 14.0% in the 4th quarter. Atria Investments Inc now owns 251,381 shares of the company’s stock worth $172,181,000 after buying an additional 30,777 shares during the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

iShares Core S&P 500 ETF stock opened at $750.11 on Friday. iShares Core S&P 500 ETF has a fifty-two week low of $594.71 and a fifty-two week high of $764.00. The stock has a market cap of $828.31 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm’s fifty day moving average price is $734.01 and its 200-day moving average price is $700.66.

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. 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.