Gallagher Capital Advisors LLC Makes New $5.53 Million Investment in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Gallagher Capital Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 9,400 shares of the company’s stock, valued at approximately $5,533,000. iShares Core S&P 500 ETF accounts for 4.0% of Gallagher Capital Advisors LLC’s holdings, making the stock its 4th biggest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IVV. SYM FINANCIAL Corp purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $30,000. Modus Advisors LLC acquired a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at $32,000. Ulland Investment Advisors LLC acquired a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at $32,000. Safe Harbor Fiduciary LLC purchased a new position in iShares Core S&P 500 ETF in the third quarter valued at about $33,000. Finally, Advantage Trust Co acquired a new position in iShares Core S&P 500 ETF in the 4th quarter worth about $36,000.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $578.51 on Monday. The firm has a market cap of $575.41 billion, a price-to-earnings ratio of 26.66 and a beta of 1.01. The stock has a 50-day simple moving average of $599.05 and a 200-day simple moving average of $589.11. iShares Core S&P 500 ETF has a 52-week low of $496.30 and a 52-week high of $616.22.

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.