Orgel Wealth Management LLC Buys 20,434 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Orgel Wealth Management LLC grew its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 426,065 shares of the company’s stock after acquiring an additional 20,434 shares during the period. iShares Core S&P 500 ETF comprises approximately 6.2% of Orgel Wealth Management LLC’s holdings, making the stock its 5th biggest position. Orgel Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $245,763,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of IVV. 1620 Investment Advisors Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at approximately $36,000. Thompson Investment Management Inc. bought a new stake in iShares Core S&P 500 ETF during the first quarter valued at $37,000. Covestor Ltd raised its holdings in shares of iShares Core S&P 500 ETF by 321.1% during 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 period. LRI Investments LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the first quarter worth $55,000. Finally, Proffitt & Goodson Inc. lifted its position in shares of iShares Core S&P 500 ETF by 21.2% in the 2nd quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock worth $56,000 after buying an additional 18 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA IVV opened at $587.39 on Friday. iShares Core S&P 500 ETF has a one year low of $411.02 and a one year high of $588.93. The company has a 50-day simple moving average of $566.53 and a 200-day simple moving average of $545.08. The firm has a market capitalization of $506.86 billion, a PE 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.