iShares Core S&P 500 ETF $IVV Stock: Orgel Wealth Management LLC Grows Stake

Orgel Wealth Management LLC boosted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 671,431 shares of the ETF’s stock after buying an additional 24,895 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 9.7% of Orgel Wealth Management LLC’s portfolio, making the stock its 2nd biggest position. Orgel Wealth Management LLC owned about 0.06% of iShares Core S&P 500 ETF worth $514,216,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of IVV. HBW Advisory Services LLC boosted its position in iShares Core S&P 500 ETF by 10.6% during the third quarter. HBW Advisory Services LLC now owns 5,712 shares of the ETF’s stock valued at $4,375,000 after buying an additional 547 shares during the period. B.A. Schrock Wealth Management Inc. purchased a new position in shares of iShares Core S&P 500 ETF in the third quarter worth about $209,000. ASL Financial LLC increased its holdings in shares of iShares Core S&P 500 ETF by 11.7% in the third quarter. ASL Financial LLC now owns 21,649 shares of the ETF’s stock worth $16,571,000 after buying an additional 2,272 shares during the period. ZWJ Investment Counsel Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 71.5% in the third quarter. ZWJ Investment Counsel Inc. now owns 10,474 shares of the ETF’s stock worth $8,022,000 after buying an additional 4,367 shares during the period. Finally, West Wealth Group LLC lifted its stake in shares of iShares Core S&P 500 ETF by 23.1% in the 3rd quarter. West Wealth Group LLC now owns 2,716 shares of the ETF’s stock valued at $2,080,000 after acquiring an additional 510 shares during the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.3%

NYSEARCA IVV opened at $775.16 on Friday. iShares Core S&P 500 ETF has a 1-year low of $632.14 and a 1-year high of $785.03. The stock has a 50-day moving average of $772.06 and a 200-day moving average of $746.92. The firm has a market cap of $888.72 billion, a PE ratio of 25.10 and a beta of 1.00.

Key Stories Impacting iShares Core S&P 500 ETF

Here are the key news stories impacting iShares Core S&P 500 ETF this week:

• Positive Sentiment: Upbeat earnings expectations, positive analyst estimate revisions and forecasts for strong holiday spending are supporting S&P 500 ETFs despite rate concerns. S&P 500 ETFs Defy Rate Worries as Earnings Outlook Strengthens
• Positive Sentiment: Strategists say the S&P 500 could reach 8,000 or 8,100 if third-quarter earnings are exceptionally strong and currently lagging sectors begin participating in the rally. That would benefit IVV’s diversified holdings. S&P 500’s march to 8,000 hinges on very strong third quarter Citi Says the S&P 500 Hits 8,100
• Neutral Sentiment: The market remains near record levels, but technology stocks represent an unusually large share of the S&P 500. Analysts argue that broader participation outside technology may be needed to sustain further gains. Tech Stocks Have Taken Over the S&P 500
• Negative Sentiment: Hot producer- and consumer-price data are keeping Federal Reserve and interest-rate risks in focus. Higher Treasury yields have pressured technology and semiconductor shares, which are important components of IVV. Hot PPI Tests Stock Rebound Hot CPI Puts Long-Term Yields Back in Control
• Negative Sentiment: Several reports warn that AI-driven earnings growth is concentrated in technology and energy, while 84% of S&P 500 constituents are in correction territory. That divergence raises the risk of a broader pullback despite the index’s strong headline performance. 84% of S&P 500 Stocks Are in Correction Territory

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.