Rainey & Randall Investment Management Inc. Invests $202,000 in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Rainey & Randall Investment Management Inc. purchased a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 351 shares of the company’s stock, valued at approximately $202,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SMI Advisory Services LLC increased its position in shares of iShares Core S&P 500 ETF by 5.4% during the first quarter. SMI Advisory Services LLC now owns 23,852 shares of the company’s stock valued at $12,445,000 after acquiring an additional 1,220 shares during the last quarter. Affiance Financial LLC raised its position in iShares Core S&P 500 ETF by 3.0% in the first quarter. Affiance Financial LLC now owns 10,328 shares of the company’s stock valued at $5,430,000 after purchasing an additional 301 shares during the period. S.A. Mason LLC lifted its stake in iShares Core S&P 500 ETF by 1.9% during the first quarter. S.A. Mason LLC now owns 8,996 shares of the company’s stock worth $4,729,000 after purchasing an additional 170 shares in the last quarter. Orgel Wealth Management LLC boosted its position in shares of iShares Core S&P 500 ETF by 63.8% during the first quarter. Orgel Wealth Management LLC now owns 359,105 shares of the company’s stock worth $188,792,000 after buying an additional 139,866 shares during the period. Finally, Epiq Partners LLC raised its holdings in shares of iShares Core S&P 500 ETF by 133.4% in the 1st quarter. Epiq Partners LLC now owns 2,033 shares of the company’s stock valued at $1,069,000 after buying an additional 1,162 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $580.75 on Thursday. The stock has a market capitalization of $501.13 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The business has a 50-day moving average of $569.03 and a 200 day moving average of $546.61. iShares Core S&P 500 ETF has a 12 month low of $411.02 and a 12 month high of $588.93.

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.