Midwest Trust Co raised its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 7.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 97,229 shares of the company’s stock after buying an additional 6,548 shares during the period. iShares Core S&P 500 ETF comprises about 0.8% of Midwest Trust Co’s portfolio, making the stock its 28th largest holding. Midwest Trust Co’s holdings in iShares Core S&P 500 ETF were worth $66,596,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also modified their holdings of the stock. Flagship Private Wealth LLC boosted its stake in shares of iShares Core S&P 500 ETF by 2.5% in the fourth quarter. Flagship Private Wealth LLC now owns 49,875 shares of the company’s stock worth $34,162,000 after buying an additional 1,240 shares during the last quarter. Pandora Wealth Inc. raised its position in iShares Core S&P 500 ETF by 0.3% during the fourth quarter. Pandora Wealth Inc. now owns 21,271 shares of the company’s stock valued at $14,569,000 after acquiring an additional 61 shares in the last quarter. EWA LLC raised its position in iShares Core S&P 500 ETF by 136.3% during the fourth quarter. EWA LLC now owns 10,665 shares of the company’s stock valued at $7,305,000 after acquiring an additional 6,152 shares in the last quarter. Apeiron RIA LLC lifted its holdings in iShares Core S&P 500 ETF by 468.8% in the fourth quarter. Apeiron RIA LLC now owns 63,820 shares of the company’s stock valued at $44,098,000 after acquiring an additional 52,600 shares during the period. Finally, Centerpoint Advisory Group lifted its holdings in iShares Core S&P 500 ETF by 22.0% in the fourth quarter. Centerpoint Advisory Group now owns 1,810 shares of the company’s stock valued at $1,239,000 after acquiring an additional 327 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Trading Up 0.8%
iShares Core S&P 500 ETF stock opened at $740.97 on Friday. The firm has a market cap of $818.22 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $565.48 and a 12 month high of $741.50. The stock’s 50 day simple moving average is $684.53 and its two-hundred day simple moving average is $685.48.
Key Headlines Impacting iShares Core S&P 500 ETF
- 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
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.
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