Laffer Tengler Investments Inc. Makes New Investment in iShares Core S&P 500 ETF $IVV

Laffer Tengler Investments Inc. bought a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 1,194 shares of the company’s stock, valued at approximately $799,000.

A number of other hedge funds have also made changes to their positions in the stock. Nvwm LLC grew its holdings in iShares Core S&P 500 ETF by 210.5% during the 2nd quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after acquiring an additional 40 shares in the last quarter. Winnow Wealth LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at about $61,000. Conquis Financial LLC bought a new position in shares of iShares Core S&P 500 ETF during the third quarter worth about $82,000. Your Advocates Ltd. LLP grew its stake in iShares Core S&P 500 ETF by 51.6% in the second quarter. Your Advocates Ltd. LLP now owns 138 shares of the company’s stock worth $86,000 after purchasing an additional 47 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new stake in iShares Core S&P 500 ETF in the second quarter valued at about $92,000. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Down 0.9%

Shares of NYSEARCA IVV opened at $683.37 on Wednesday. The stock’s 50 day moving average price is $691.49 and its two-hundred day moving average price is $677.68. iShares Core S&P 500 ETF has a 52-week low of $484.00 and a 52-week high of $700.97. The stock has a market capitalization of $751.16 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.