Keel Point LLC Boosts Holdings in iShares Core S&P 500 ETF $IVV

Keel Point LLC lifted its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 55.8% in the first quarter, Holdings Channel reports. The institutional investor owned 14,868 shares of the ETF’s stock after acquiring an additional 5,323 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 0.6% of Keel Point LLC’s holdings, making the stock its 29th largest position. Keel Point LLC’s holdings in iShares Core S&P 500 ETF were worth $9,712,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Mullaney Keating & Wright Inc. raised its position in shares of iShares Core S&P 500 ETF by 0.4% during the 1st quarter. Mullaney Keating & Wright Inc. now owns 4,808 shares of the ETF’s stock valued at $3,141,000 after buying an additional 17 shares during the period. Asset Dedication LLC grew its position in iShares Core S&P 500 ETF by 3.1% in the first quarter. Asset Dedication LLC now owns 5,329 shares of the ETF’s stock worth $3,481,000 after acquiring an additional 158 shares during the period. Lavelle Capital LP purchased a new position in iShares Core S&P 500 ETF in the first quarter worth approximately $1,306,000. Maripau Wealth Management LLC increased its stake in iShares Core S&P 500 ETF by 19.7% during the first quarter. Maripau Wealth Management LLC now owns 5,162 shares of the ETF’s stock worth $3,372,000 after acquiring an additional 849 shares during the last quarter. Finally, Security Financial Services INC. increased its stake in iShares Core S&P 500 ETF by 4.0% during the first quarter. Security Financial Services INC. now owns 631 shares of the ETF’s stock worth $412,000 after acquiring an additional 24 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 Up 0.7%

NYSEARCA:IVV opened at $750.32 on Friday. iShares Core S&P 500 ETF has a 52 week low of $622.31 and a 52 week high of $764.00. The company has a market capitalization of $873.26 billion, a P/E ratio of 25.10 and a beta of 1.00. The stock’s fifty day moving average is $748.39 and its two-hundred day moving average is $713.07.

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.