Keenan LLC Takes 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, HoldingsChannel reports. The fund acquired 21,089 shares of the company’s stock, valued at approximately $14,445,000. iShares Core S&P 500 ETF makes up approximately 12.7% of Keenan LLC’s investment portfolio, making the stock its biggest holding.

Other hedge funds also recently bought and sold shares of the company. Decker Retirement Planning Inc. bought a new position in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $29,000. GS Investments Inc. lifted 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 during the last quarter. Palouse Capital Management Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth approximately $38,000. Imprint Wealth LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at $39,000. Finally, Prosperity Bancshares Inc purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $44,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $750.11 on Friday. iShares Core S&P 500 ETF has a 52 week low of $594.71 and a 52 week high of $764.00. The firm’s fifty day moving average is $734.01 and its 200 day moving average is $700.66. The firm has a market cap of $828.31 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.