iShares Core S&P 500 ETF $IVV Stock: Foundation Wealth Management LLC PA Lowers Holdings

Foundation Wealth Management LLC PA trimmed its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 16.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,829 shares of the ETF’s stock after selling 3,984 shares during the period. iShares Core S&P 500 ETF comprises about 5.1% of Foundation Wealth Management LLC PA’s holdings, making the stock its 6th largest position. Foundation Wealth Management LLC PA’s holdings in iShares Core S&P 500 ETF were worth $15,186,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Boyce & Associates Wealth Consulting Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the third quarter valued at approximately $371,000. Virginia Estate & Retirement Planning Advisors Inc. bought a new stake in iShares Core S&P 500 ETF during the third quarter worth $32,000. MFA Wealth Services grew its holdings in iShares Core S&P 500 ETF by 2.3% during the third quarter. MFA Wealth Services now owns 22,209 shares of the ETF’s stock worth $17,009,000 after buying an additional 505 shares in the last quarter. XY Planning Network Inc. raised its position in iShares Core S&P 500 ETF by 15.6% in the 3rd quarter. XY Planning Network Inc. now owns 16,308 shares of the ETF’s stock valued at $12,490,000 after buying an additional 2,202 shares during the last quarter. Finally, Cohen Capital Management Inc. raised its position in iShares Core S&P 500 ETF by 0.5% in the 3rd quarter. Cohen Capital Management Inc. now owns 4,264 shares of the ETF’s stock valued at $3,265,000 after buying an additional 20 shares during the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Trading Up 0.0%

NYSEARCA IVV opened at $781.54 on Wednesday. The business has a fifty day simple moving average of $772.00 and a 200 day simple moving average of $745.06. 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 $896.04 billion, a P/E ratio of 25.10 and a beta of 1.00.

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: The S&P 500’s bull market has lasted four years and more than doubled from its October 2022 low, reinforcing investor confidence and supporting demand for broad-market ETFs such as IVV. S&P 500 Bull Market Turns 4
• Positive Sentiment: Investors are looking ahead to third-quarter bank earnings, inflation data and bond-market moves. Strong earnings or softer inflation could provide the next catalyst for the S&P 500 and IVV. Top 3 catalysts for the S&P 500 Index this week
• Neutral Sentiment: Strategists see a potential path toward an S&P 500 level of 8,100, but say both market segments must participate. That could benefit IVV if leadership broadens beyond the largest technology companies. Citi’s Scott Chronert on getting the S&P 500 to 8,100
• Neutral Sentiment: Some analysts argue investors risk missing further gains by repeatedly moving out of stocks and back in. The message supports long-term IVV ownership but does not create a specific near-term catalyst. Jim Cramer says investors keep making this costly mistake
• Negative Sentiment: S&P 500 futures are subdued as investors await major-bank results, while weakness in semiconductor stocks weighs on sentiment. This is a near-term headwind for IVV because large technology and chip companies carry significant index weight. S&P 500 futures muted as investors await big bank earnings
• Negative Sentiment: Four in ten S&P 500 constituents are down for the year, showing that the rally is unusually dependent on a small group of companies. This concentration raises downside risk for IVV if major AI and technology leaders weaken. Wall Street’s big but narrow rally

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.