Beam Wealth Advisors Inc. Acquires 1,454 Shares of iShares Core S&P 500 ETF $IVV

Beam Wealth Advisors Inc. grew its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 105,752 shares of the company’s stock after buying an additional 1,454 shares during the period. iShares Core S&P 500 ETF accounts for approximately 19.9% of Beam Wealth Advisors Inc.’s holdings, making the stock its largest holding. Beam Wealth Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $72,434,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Pure Financial Advisors LLC lifted its stake in shares of iShares Core S&P 500 ETF by 2.5% in the 4th quarter. Pure Financial Advisors LLC now owns 181,961 shares of the company’s stock valued at $124,632,000 after purchasing an additional 4,386 shares during the last quarter. Ballast Rock Private Wealth LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $3,266,000. Austin Asset Management Co Inc lifted its stake in iShares Core S&P 500 ETF by 6.7% during the 4th quarter. Austin Asset Management Co Inc now owns 2,944 shares of the company’s stock worth $2,017,000 after acquiring an additional 185 shares in the last quarter. UNIVEST FINANCIAL Corp lifted its stake in iShares Core S&P 500 ETF by 12.6% during the 4th quarter. UNIVEST FINANCIAL Corp now owns 4,335 shares of the company’s stock worth $2,969,000 after acquiring an additional 486 shares in the last quarter. Finally, BankPlus Wealth Management LLC lifted its stake in iShares Core S&P 500 ETF by 2.6% during the 4th quarter. BankPlus Wealth Management LLC now owns 76,466 shares of the company’s stock worth $52,385,000 after acquiring an additional 1,903 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

Trending Headlines about iShares Core S&P 500 ETF

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

• Positive Sentiment: RBC Capital Markets raised its year-end S&P 500 target to 7,900, citing resilient earnings growth and strong AI-related demand, which supports further upside for IVV. RBC lifts S&P 500 year-end target to 7,900 on AI optimism
• Positive Sentiment: Another RBC note argued that big tech and a “two-speed” economy could help drive the benchmark roughly 10% higher over the next year, reinforcing a bullish backdrop for S&P 500 exposure. RBC Boosts S&P 500 Price Target. Big Tech Can Drive a 10% Gain.
• Positive Sentiment: Markets continued to notch record highs this week, with the S&P 500 extending its rally despite geopolitical uncertainty, which should help sentiment toward IVV. Nasdaq, S&P 500 Enjoy Another Record-Breaking Week
• Positive Sentiment: Additional commentary said the S&P 500’s rally is being supported by a strong earnings season, a key driver that can keep passive index funds like IVV elevated. Why the S&P 500 Is Heading to 8000
• Neutral Sentiment: State Street’s ETF outlook said IVV could benefit from heavy U.S. ETF inflows this year, although this is more of a structural tailwind than an immediate catalyst. If the 10-Year Treasury Crosses 4.6%, Here’s What Happens to VOO and IVV
• Neutral Sentiment: Some traders are buying S&P 500 downside protection as part of a hedge trade, suggesting investors are still willing to pay for insurance even as the index rallies. This ‘win-win’ hedge trade is getting popular with traders
• Negative Sentiment: Some technical analysts warned the rally may be getting stretched, with breadth divergence and reversal signals pointing to possible late-stage exhaustion, which could pressure IVV if momentum fades. Elliott Wave and Market Breadth Align on Late-Stage Rally Risk for the S&P 500

iShares Core S&P 500 ETF Stock Performance

IVV opened at $740.97 on Monday. The stock’s 50-day moving average price is $684.53 and its 200 day moving average price is $685.48. iShares Core S&P 500 ETF has a 12-month low of $565.48 and a 12-month high of $741.50. The firm has a market cap of $818.22 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.