iShares Core S&P 500 ETF $IVV Shares Acquired by RTD Financial Advisors Inc.

RTD Financial Advisors Inc. increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 153,036 shares of the ETF’s stock after buying an additional 1,298 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 12.8% of RTD Financial Advisors Inc.’s portfolio, making the stock its largest holding. RTD Financial Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $117,203,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IVV. Olistico Wealth LLC purchased a new stake in iShares Core S&P 500 ETF in the 3rd quarter worth approximately $25,000. Keenan LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $26,000. Punch & Associates Investment Management Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 50.0% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after acquiring an additional 14 shares in the last quarter. Allied Private Wealth LLC purchased a new position in shares of iShares Core S&P 500 ETF during the 2nd quarter valued at $33,000. Finally, Montgomery Financial Services LLC acquired a new position in shares of iShares Core S&P 500 ETF in the second quarter worth $32,000. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF News Summary

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

• Positive Sentiment: Market optimism remains supportive: the S&P 500 reached new highs ahead of the fourth anniversary of its bull market, and one strategist believes the rally could continue. Strength across the index is directly beneficial to IVV, which tracks the S&P 500. S&P 500 Hits New Highs Ahead of Four-Year Bull Market Anniversary
• Positive Sentiment: A bullish forecast calls for the S&P 500 to reach 10,000 in 2027, citing a relatively attractive PEG ratio and historically favorable seasonal conditions. If realized, the outlook implies additional upside for IVV. Prediction: The S&P 500 Will Hit 10,000 in 2027
• Positive Sentiment: Historical analysis suggests October and the period following new market highs can still produce gains, reinforcing the constructive sentiment surrounding broad-market ETFs such as IVV. The S&P 500 Just Reached a New Record

iShares Core S&P 500 ETF Trading Up 0.6%

Shares of NYSEARCA:IVV opened at $781.97 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 business has a fifty day simple moving average of $771.46 and a 200 day simple moving average of $742.73. The firm has a market cap of $898.80 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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. 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.