Traynor Capital Management Inc. Trims Stock Holdings in iShares Core S&P 500 ETF $IVV

Traynor Capital Management Inc. lowered its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 12.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 7,834 shares of the company’s stock after selling 1,123 shares during the quarter. Traynor Capital Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $5,366,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Imprint Wealth LLC purchased a new position in shares of iShares Core S&P 500 ETF in the third quarter worth about $39,000. Winnow Wealth LLC purchased a new stake in iShares Core S&P 500 ETF in the third quarter valued at approximately $61,000. Texas Capital Bancshares Inc TX acquired a new position in iShares Core S&P 500 ETF in the 3rd quarter worth approximately $68,000. Ulland Investment Advisors LLC increased its holdings in iShares Core S&P 500 ETF by 87.3% in the 3rd quarter. Ulland Investment Advisors LLC now owns 103 shares of the company’s stock worth $69,000 after buying an additional 48 shares during the period. Finally, Conquis Financial LLC purchased a new position in iShares Core S&P 500 ETF during the 3rd quarter worth approximately $82,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

Key Headlines Impacting iShares Core S&P 500 ETF

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

• Positive Sentiment: Technical/breadth indicators point to a possible countertrend rally that could limit further downside for the S&P 500 and support IVV if it re-accelerates. Read More.
• Positive Sentiment: Earlier optimism about Iran ceasefire prospects lifted US indices; any return of that optimism would help IVV recover some losses. Read More.
• Neutral Sentiment: Idiosyncratic trading (e.g., Best Buy jumping on GameStop acquisition rumors) can cause rotation within the index but is unlikely to move IVV materially on its own. Read More.
• Neutral Sentiment: Longer-term themes such as dividend-selection interest exist, but they are less likely to change IVV’s near-term direction because IVV tracks the broad market rather than high-yield subsets. Read More.
• Negative Sentiment: Geopolitical escalation and a near-term Trump deadline for strikes on Iran’s energy infrastructure have pushed oil higher and futures lower, a direct risk-off catalyst weighing on the S&P 500 and IVV. Read More.
• Negative Sentiment: Micron’s slide into a bear market and sharp P/E compression highlights renewed selling in semiconductor/tech names, which makes up a large share of IVV and contributes to its weakness. Read More.
• Negative Sentiment: Macro commentary arguing the AI-driven run may be peaking adds to negative sentiment for growth and software sectors, pressuring index-level returns. Read More.

iShares Core S&P 500 ETF Trading Down 1.8%

IVV opened at $648.01 on Friday. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $700.97. The firm has a 50 day moving average of $683.41 and a two-hundred day moving average of $679.81. The firm has a market capitalization of $712.29 billion, a PE 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.