Keebeck Wealth Management Has $52.80 Million Stock Holdings in iShares Core S&P 500 ETF $IVV

Keebeck Wealth Management boosted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,826 shares of the ETF’s stock after buying an additional 1,337 shares during the period. iShares Core S&P 500 ETF comprises 5.9% of Keebeck Wealth Management’s portfolio, making the stock its largest holding. Keebeck Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $52,797,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of IVV. Keenan LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at about $26,000. Decker Retirement Planning Inc. bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at about $29,000. GS Investments Inc. raised its position in iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after purchasing an additional 20 shares in the last quarter. Palouse Capital Management Inc. acquired a new position in iShares Core S&P 500 ETF in the fourth quarter worth about $38,000. Finally, Imprint Wealth LLC bought a new position in iShares Core S&P 500 ETF during the third quarter worth about $39,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 1.2%

NYSEARCA IVV opened at $741.62 on Friday. The stock’s 50 day moving average is $748.47 and its two-hundred day moving average is $711.12. The company has a market capitalization of $868.47 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $622.31 and a 1-year high of $764.00.

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.