Orographic Financial Advisors LLC Invests $647,000 in iShares Core S&P 500 ETF $IVV

Orographic Financial Advisors LLC bought a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 991 shares of the ETF’s stock, valued at approximately $647,000.

Other institutional investors have also recently made changes to their positions in the company. Keenan LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth $26,000. Decker Retirement Planning Inc. purchased a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $29,000. Punch & Associates Investment Management Inc. boosted its position in iShares Core S&P 500 ETF by 50.0% during the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after acquiring an additional 14 shares during the last quarter. GS Investments Inc. boosted its position in iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after acquiring an additional 20 shares during the last quarter. Finally, Palouse Capital Management Inc. purchased a new stake in iShares Core S&P 500 ETF during the 4th quarter valued at about $38,000. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Trading Up 1.6%

IVV stock opened at $745.20 on Friday. The company has a market cap of $870.17 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $622.31 and a 12 month high of $764.00. The firm has a 50-day moving average of $748.37 and a two-hundred day moving average of $712.81.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.