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

Orgel Wealth Management LLC increased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 426,065 shares of the company’s stock after purchasing an additional 20,434 shares during the period. iShares Core S&P 500 ETF accounts for about 6.2% of Orgel Wealth Management LLC’s holdings, making the stock its 5th biggest holding. 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.

Other large investors have also recently added to or reduced their stakes in the company. 1620 Investment Advisors Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the second quarter valued at approximately $36,000. Thompson Investment Management Inc. purchased a new stake in iShares Core S&P 500 ETF during the 1st quarter worth $37,000. Covestor Ltd increased its stake in iShares Core S&P 500 ETF by 321.1% during the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after buying an additional 61 shares during the period. LRI Investments LLC acquired a new position in iShares Core S&P 500 ETF in the 1st quarter worth $55,000. Finally, Proffitt & Goodson Inc. boosted its position in 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 valued at $56,000 after buying an additional 18 shares during the last quarter.

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV opened at $587.39 on Friday. iShares Core S&P 500 ETF has a 1 year low of $411.02 and a 1 year high of $588.93. The stock’s 50-day simple moving average is $566.53 and its 200-day simple moving average is $545.08. The firm has a market cap of $506.86 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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.