Pekin Hardy Strauss Inc. Has $1.64 Million Stake in iShares Core S&P 500 ETF $IVV

Pekin Hardy Strauss Inc. raised its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 60.2% during the fourth quarter, Holdings Channel reports. The firm owned 2,395 shares of the company’s stock after purchasing an additional 900 shares during the period. Pekin Hardy Strauss Inc.’s holdings in iShares Core S&P 500 ETF were worth $1,641,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Narwhal Capital Management lifted its position in shares of iShares Core S&P 500 ETF by 3.3% in the 4th quarter. Narwhal Capital Management now owns 210,559 shares of the company’s stock worth $144,221,000 after purchasing an additional 6,640 shares during the period. Interchange Capital Partners LLC lifted its stake in shares of iShares Core S&P 500 ETF by 0.8% in the 4th quarter. Interchange Capital Partners LLC now owns 11,578 shares of the company’s stock valued at $7,929,000 after purchasing an additional 89 shares during the period. Durante & Waters LLC lifted its stake in shares of iShares Core S&P 500 ETF by 3.3% in the 4th quarter. Durante & Waters LLC now owns 54,415 shares of the company’s stock valued at $37,271,000 after purchasing an additional 1,722 shares during the period. Woodside Wealth Management LLC lifted its stake in shares of iShares Core S&P 500 ETF by 3.9% in the 4th quarter. Woodside Wealth Management LLC now owns 1,875 shares of the company’s stock valued at $1,284,000 after purchasing an additional 70 shares during the period. Finally, Keybank National Association OH lifted its stake in shares of iShares Core S&P 500 ETF by 1.1% in the 4th quarter. Keybank National Association OH now owns 3,151,754 shares of the company’s stock valued at $2,158,763,000 after purchasing an additional 34,964 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $722.07 on Friday. The company has a market capitalization of $794.78 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The business’s 50-day moving average is $681.91 and its 200-day moving average is $683.82. iShares Core S&P 500 ETF has a 1 year low of $558.69 and a 1 year high of $723.15.

iShares Core S&P 500 ETF 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.