NerdWallet Wealth Partners LLC Raises Stake in iShares Core S&P 500 ETF $IVV

NerdWallet Wealth Partners LLC boosted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 10.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 109,007 shares of the company’s stock after buying an additional 9,962 shares during the quarter. iShares Core S&P 500 ETF makes up about 34.0% of NerdWallet Wealth Partners LLC’s investment portfolio, making the stock its largest holding. NerdWallet Wealth Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $74,569,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in IVV. SeaCrest Wealth Management LLC grew its position in shares of iShares Core S&P 500 ETF by 8.3% during the 4th quarter. SeaCrest Wealth Management LLC now owns 3,834 shares of the company’s stock valued at $2,656,000 after acquiring an additional 294 shares during the period. Corundum Group Inc. bought a new stake in iShares Core S&P 500 ETF during the fourth quarter valued at about $1,108,000. First Merchants Corp increased its position in iShares Core S&P 500 ETF by 4.4% in the fourth quarter. First Merchants Corp now owns 3,327 shares of the company’s stock worth $2,279,000 after buying an additional 140 shares in the last quarter. CCM Investment Advisers LLC raised its stake in shares of iShares Core S&P 500 ETF by 16.7% in the fourth quarter. CCM Investment Advisers LLC now owns 873 shares of the company’s stock worth $598,000 after buying an additional 125 shares during the period. Finally, Burns J W & Co. Inc. NY lifted its position in shares of iShares Core S&P 500 ETF by 5.4% during the 4th quarter. Burns J W & Co. Inc. NY now owns 801 shares of the company’s stock valued at $548,000 after buying an additional 41 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Trading Down 1.8%

iShares Core S&P 500 ETF stock opened at $648.01 on Friday. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $700.97. The firm has a market capitalization of $712.29 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The firm has a 50 day moving average of $683.41 and a 200 day moving average of $679.81.

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: Technical/breadth indicators point to a possible countertrend rally that could limit further downside for the S&P 500 and support IVV if it re-accelerates. Read More.
• Positive Sentiment: Earlier optimism about Iran ceasefire prospects lifted US indices; any return of that optimism would help IVV recover some losses. Read More.
• Neutral Sentiment: Idiosyncratic trading (e.g., Best Buy jumping on GameStop acquisition rumors) can cause rotation within the index but is unlikely to move IVV materially on its own. Read More.
• Neutral Sentiment: Longer-term themes such as dividend-selection interest exist, but they are less likely to change IVV’s near-term direction because IVV tracks the broad market rather than high-yield subsets. Read More.
• Negative Sentiment: Geopolitical escalation and a near-term Trump deadline for strikes on Iran’s energy infrastructure have pushed oil higher and futures lower, a direct risk-off catalyst weighing on the S&P 500 and IVV. Read More.
• Negative Sentiment: Micron’s slide into a bear market and sharp P/E compression highlights renewed selling in semiconductor/tech names, which makes up a large share of IVV and contributes to its weakness. Read More.
• Negative Sentiment: Macro commentary arguing the AI-driven run may be peaking adds to negative sentiment for growth and software sectors, pressuring index-level returns. Read More.

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.