Old Peak Finance LLC Invests $628,000 in iShares Core S&P 500 ETF $IVV

Old Peak Finance LLC bought a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 917 shares of the company’s stock, valued at approximately $628,000.

Other hedge funds have also recently modified their holdings of the company. Decker Retirement Planning Inc. acquired a new position in iShares Core S&P 500 ETF in the fourth quarter valued at $29,000. GS Investments Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after purchasing an additional 20 shares during the last quarter. Palouse Capital Management Inc. acquired a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $38,000. Imprint Wealth LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at about $39,000. Finally, Dorato Capital Management purchased a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $55,000. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Up 0.3%

Shares of NYSEARCA IVV opened at $762.02 on Tuesday. The business has a 50-day moving average price of $708.13 and a 200 day moving average price of $693.53. The stock has a market cap of $841.46 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52-week low of $587.88 and a 52-week high of $763.93.

iShares Core S&P 500 ETF Company 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.