Orion Capital Management LLC Buys 2,593 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Orion Capital Management LLC raised its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 8.9% in the 4th quarter, Holdings Channel reports. The fund owned 31,626 shares of the company’s stock after acquiring an additional 2,593 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 8.2% of Orion Capital Management LLC’s portfolio, making the stock its 2nd biggest position. Orion Capital Management LLC’s holdings in iShares Core S&P 500 ETF were worth $18,617,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Windsor Advisory Group LLC increased its stake in shares of iShares Core S&P 500 ETF by 100.0% during the fourth quarter. Windsor Advisory Group LLC now owns 50 shares of the company’s stock worth $29,000 after acquiring an additional 25 shares during the period. SYM FINANCIAL Corp acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at about $30,000. Murphy & Mullick Capital Management Corp purchased a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at approximately $30,000. Sellwood Investment Partners LLC purchased a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at approximately $32,000. Finally, Ulland Investment Advisors LLC acquired a new position in iShares Core S&P 500 ETF during the 4th quarter worth approximately $32,000.

iShares Core S&P 500 ETF Trading Down 0.4%

Shares of IVV stock opened at $595.57 on Wednesday. The stock has a 50 day simple moving average of $555.61 and a 200-day simple moving average of $583.08. The company has a market cap of $592.15 billion, a price-to-earnings ratio of 24.62 and a beta of 1.01. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month 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.