iShares Core S&P 500 ETF $IVV Shares Purchased by ZWJ Investment Counsel Inc.

ZWJ Investment Counsel Inc. increased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 71.5% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 10,474 shares of the ETF’s stock after purchasing an additional 4,367 shares during the period. ZWJ Investment Counsel Inc.’s holdings in iShares Core S&P 500 ETF were worth $8,022,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. West Wealth Group LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 23.1% during the third quarter. West Wealth Group LLC now owns 2,716 shares of the ETF’s stock worth $2,080,000 after purchasing an additional 510 shares during the period. Summit Financial Strategies Inc. grew its position in iShares Core S&P 500 ETF by 10.6% during the third quarter. Summit Financial Strategies Inc. now owns 199,941 shares of the ETF’s stock valued at $153,125,000 after purchasing an additional 19,159 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its stake in iShares Core S&P 500 ETF by 0.7% in the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 51,303 shares of the ETF’s stock valued at $39,291,000 after buying an additional 333 shares during the period. Fortitude Family Office LLC increased its stake in iShares Core S&P 500 ETF by 7.2% in the 3rd quarter. Fortitude Family Office LLC now owns 66,501 shares of the ETF’s stock valued at $50,930,000 after buying an additional 4,477 shares during the period. Finally, Strategy Asset Managers LLC lifted its position in iShares Core S&P 500 ETF by 0.8% in the 3rd quarter. Strategy Asset Managers LLC now owns 13,347 shares of the ETF’s stock worth $10,222,000 after buying an additional 108 shares in the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Stock Up 0.3%

Shares of NYSEARCA:IVV opened at $775.16 on Friday. The firm has a fifty day moving average of $772.06 and a two-hundred day moving average of $746.92. iShares Core S&P 500 ETF has a 12-month low of $632.14 and a 12-month high of $785.03. The firm has a market capitalization of $888.72 billion, a P/E ratio of 25.10 and a beta of 1.00.

Key iShares Core S&P 500 ETF News

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

• Positive Sentiment: Upbeat earnings expectations, positive analyst estimate revisions and forecasts for strong holiday spending are supporting S&P 500 ETFs despite rate concerns. S&P 500 ETFs Defy Rate Worries as Earnings Outlook Strengthens
• Positive Sentiment: Strategists say the S&P 500 could reach 8,000 or 8,100 if third-quarter earnings are exceptionally strong and currently lagging sectors begin participating in the rally. That would benefit IVV’s diversified holdings. S&P 500’s march to 8,000 hinges on very strong third quarter Citi Says the S&P 500 Hits 8,100
• Neutral Sentiment: The market remains near record levels, but technology stocks represent an unusually large share of the S&P 500. Analysts argue that broader participation outside technology may be needed to sustain further gains. Tech Stocks Have Taken Over the S&P 500
• Negative Sentiment: Hot producer- and consumer-price data are keeping Federal Reserve and interest-rate risks in focus. Higher Treasury yields have pressured technology and semiconductor shares, which are important components of IVV. Hot PPI Tests Stock Rebound Hot CPI Puts Long-Term Yields Back in Control
• Negative Sentiment: Several reports warn that AI-driven earnings growth is concentrated in technology and energy, while 84% of S&P 500 constituents are in correction territory. That divergence raises the risk of a broader pullback despite the index’s strong headline performance. 84% of S&P 500 Stocks Are in Correction Territory

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.