Resonant Capital Advisors LLC Acquires 33,296 Shares of iShares Core S&P 500 ETF $IVV

Resonant Capital Advisors LLC increased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 15.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 242,082 shares of the company’s stock after purchasing an additional 33,296 shares during the period. iShares Core S&P 500 ETF accounts for 8.3% of Resonant Capital Advisors LLC’s investment portfolio, making the stock its biggest position. Resonant Capital Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $158,130,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Keenan LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth approximately $26,000. Decker Retirement Planning Inc. acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth approximately $29,000. GS Investments Inc. increased its position in iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after purchasing an additional 20 shares during the last quarter. Palouse Capital Management Inc. purchased a new position in iShares Core S&P 500 ETF during the fourth quarter worth approximately $38,000. Finally, Imprint Wealth LLC purchased a new position in iShares Core S&P 500 ETF during the third quarter worth approximately $39,000. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Trading Down 0.5%

IVV stock opened at $751.08 on Wednesday. The company has a market cap of $887.85 billion, a PE ratio of 25.10 and a beta of 1.00. The stock has a 50-day moving average price of $743.93 and a two-hundred day moving average price of $705.75. iShares Core S&P 500 ETF has a 12-month low of $621.05 and a 12-month high of $764.00.

iShares Core S&P 500 ETF News Roundup

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

• Positive Sentiment: Several Wall Street strategists remain constructive on U.S. stocks, with Ed Yardeni reiterating an S&P 500 target of 8,250 by year-end and other commentators saying the index still has room to climb as earnings hold up. Article Title
• Positive Sentiment: Recent commentary also points to favorable earnings growth expectations, reasonable valuations, and the S&P 500’s strong recent run as support for continued upside in broad-market ETFs like IVV. Article Title
• Positive Sentiment: Some analysis says the S&P 500 has more upside left this year, citing technical strength and the possibility that broad index gains can continue even after a recent pullback in large-cap leaders. Article Title
• Neutral Sentiment: The S&P 500 recently had its best week in two months, showing underlying momentum that can help support IVV, though this is partly offset by broader market rotation. Article Title
• Negative Sentiment: Short-term pressure is coming from a chip selloff and renewed AI bubble worries, which dragged the Nasdaq and S&P 500 lower as investors rotated out of tech and into defensive sectors. Article Title
• Negative Sentiment: Bank of America strategist Savita Subramanian warned that the market may face risks ahead and questioned continued enthusiasm for Magnificent Seven and other megacap tech names, which could weigh on index-level performance. Article Title

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.