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 stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 9,400 shares of the company’s stock, valued at approximately $5,533,000. iShares Core S&P 500 ETF comprises approximately 4.0% of Gallagher Capital Advisors LLC’s holdings, making the stock its 4th largest holding.

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

iShares Core S&P 500 ETF Stock Up 0.5 %

Shares of IVV opened at $578.51 on Monday. The firm has a market capitalization of $575.41 billion, a PE ratio of 26.66 and a beta of 1.01. The firm has a 50-day moving average price of $599.05 and a 200 day moving average price 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.

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.