Mather Group LLC. decreased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 2.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 75,098 shares of the ETF’s stock after selling 1,615 shares during the quarter. Mather Group LLC.’s holdings in iShares Core S&P 500 ETF were worth $57,514,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also bought and sold shares of IVV. West Wealth Group LLC raised its holdings in iShares Core S&P 500 ETF by 23.1% in the 3rd quarter. West Wealth Group LLC now owns 2,716 shares of the ETF’s stock valued at $2,080,000 after acquiring an additional 510 shares in the last quarter. Summit Financial Strategies Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 10.6% during the 3rd quarter. Summit Financial Strategies Inc. now owns 199,941 shares of the ETF’s stock worth $153,125,000 after purchasing an additional 19,159 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its holdings in shares of iShares Core S&P 500 ETF by 0.7% during the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 51,303 shares of the ETF’s stock worth $39,291,000 after purchasing an additional 333 shares in the last quarter. Fortitude Family Office LLC grew its holdings in shares of iShares Core S&P 500 ETF by 7.2% during the 3rd quarter. Fortitude Family Office LLC now owns 66,501 shares of the ETF’s stock worth $50,930,000 after purchasing an additional 4,477 shares in the last quarter. Finally, Strategy Asset Managers LLC increased its position in shares of iShares Core S&P 500 ETF by 0.8% in the third quarter. Strategy Asset Managers LLC now owns 13,347 shares of the ETF’s stock worth $10,222,000 after purchasing an additional 108 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Stock Performance
Shares of NYSEARCA IVV opened at $775.16 on Friday. The stock has a market capitalization of $888.72 billion, a P/E ratio of 25.10 and a beta of 1.00. The stock’s fifty day moving average is $772.06 and its 200 day moving average is $746.92. iShares Core S&P 500 ETF has a 52 week low of $632.14 and a 52 week high of $785.03.
Key Stories Impacting iShares Core S&P 500 ETF
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.
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