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

Keebeck Wealth Management raised its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 80,826 shares of the ETF’s stock after buying an additional 1,337 shares during the quarter. iShares Core S&P 500 ETF accounts for about 5.9% of Keebeck Wealth Management’s investment portfolio, making the stock its largest position. 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 also recently added to or reduced their stakes in IVV. Corient Private Wealth LLC raised its stake in iShares Core S&P 500 ETF by 400.8% during the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock valued at $11,935,288,000 after purchasing an additional 13,946,081 shares during the last quarter. Capula Management Ltd grew its position in iShares Core S&P 500 ETF by 1,374.6% in the 1st quarter. Capula Management Ltd now owns 9,094,984 shares of the ETF’s stock worth $5,940,934,000 after purchasing an additional 8,478,226 shares during the last quarter. Schonfeld Strategic Advisors LLC grew its position in iShares Core S&P 500 ETF by 3,927.5% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the ETF’s stock worth $5,590,424,000 after purchasing an additional 7,959,263 shares during the last quarter. Millennium Management LLC increased its holdings in shares of iShares Core S&P 500 ETF by 93.3% during the 4th quarter. Millennium Management LLC now owns 14,494,278 shares of the ETF’s stock worth $9,927,711,000 after purchasing an additional 6,995,145 shares during the period. Finally, Walleye Capital LLC bought a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth about $4,531,611,000. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $741.62 on Friday. The company has a 50-day simple moving average of $748.47 and a 200-day simple moving average of $711.12. The firm has a market capitalization of $868.47 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52 week low of $622.31 and a 52 week 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.