Key Financial Inc Increases Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Key Financial Inc increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 19.6% in the 2nd quarter, HoldingsChannel reports. The fund owned 3,992 shares of the company’s stock after acquiring an additional 655 shares during the period. Key Financial Inc’s holdings in iShares Core S&P 500 ETF were worth $2,185,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Burkett Financial Services LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth about $31,000. 1620 Investment Advisors Inc. purchased a new stake in iShares Core S&P 500 ETF in the 2nd quarter worth about $36,000. Thompson Investment Management Inc. purchased a new stake in iShares Core S&P 500 ETF in the 1st quarter worth about $37,000. Covestor Ltd lifted its stake in iShares Core S&P 500 ETF by 321.1% in the first quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after purchasing an additional 61 shares during the last quarter. Finally, Ables Iannone Moore & Associates Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $44,000.

iShares Core S&P 500 ETF Price Performance

Shares of IVV traded up $5.23 during mid-day trading on Friday, reaching $566.68. 3,012,637 shares of the company’s stock traded hands, compared to its average volume of 5,002,234. The stock’s 50-day moving average is $551.44 and its two-hundred day moving average is $530.95. iShares Core S&P 500 ETF has a 12 month low of $411.02 and a 12 month high of $568.24. The stock has a market cap of $488.99 billion, a P/E ratio of 25.23 and a beta of 0.99.

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.