iShares Core S&P 500 ETF $IVV Shares Sold by Madson Wealth Advisors Inc

Madson Wealth Advisors Inc decreased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 17.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,447 shares of the ETF’s stock after selling 1,373 shares during the quarter. iShares Core S&P 500 ETF makes up about 3.5% of Madson Wealth Advisors Inc’s investment portfolio, making the stock its 11th biggest holding. Madson Wealth Advisors Inc’s holdings in iShares Core S&P 500 ETF were worth $4,937,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sax Wealth Advisors LLC boosted its stake in shares of iShares Core S&P 500 ETF by 26.4% during the 3rd quarter. Sax Wealth Advisors LLC now owns 45,488 shares of the ETF’s stock worth $34,837,000 after buying an additional 9,492 shares during the last quarter. ALM First Financial Advisors LLC grew its holdings in shares of iShares Core S&P 500 ETF by 41.9% in the 3rd quarter. ALM First Financial Advisors LLC now owns 33,130 shares of the ETF’s stock valued at $25,373,000 after acquiring an additional 9,775 shares in the last quarter. Fragasso Financial Advisors Inc grew its holdings in shares of iShares Core S&P 500 ETF by 0.9% in the 3rd quarter. Fragasso Financial Advisors Inc now owns 430,546 shares of the ETF’s stock valued at $336,674,000 after acquiring an additional 3,995 shares in the last quarter. NorthCrest Asset Manangement LLC grew its holdings in shares of iShares Core S&P 500 ETF by 0.8% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 16,519 shares of the ETF’s stock valued at $12,840,000 after acquiring an additional 135 shares in the last quarter. Finally, Vertrix Wealth Management LLC increased its position in shares of iShares Core S&P 500 ETF by 1.2% in the third quarter. Vertrix Wealth Management LLC now owns 1,875 shares of the ETF’s stock valued at $1,436,000 after acquiring an additional 22 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

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: The S&P 500’s bull market has reached its fourth anniversary, with the index more than doubling from its October 2022 low. The sustained advance supports IVV’s long-term performance and reflects continued investor demand for U.S. large-cap equities. S&P 500 Bull Market Turns 4
• Positive Sentiment: Potential support for the index this week includes third-quarter earnings, cooling energy prices and historically favorable October trading patterns. Strong results from major banks and other large companies could provide another catalyst for IVV. Stock Market: Will S&P 500 Open Up or Down Today?

iShares Core S&P 500 ETF Stock Down 0.1%

Shares of NYSEARCA:IVV traded down $0.74 during midday trading on Tuesday, reaching $780.70. The company had a trading volume of 889,195 shares, compared to its average volume of 7,827,896. The business’s 50 day moving average price is $771.87 and its 200 day moving average price is $744.21. The stock has a market cap of $895.07 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $632.14 and a 1-year high of $785.03.

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.