Sacks & Associates LLC Acquires 1,852 Shares of iShares Core S&P 500 ETF $IVV

Sacks & Associates LLC bought a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,852 shares of the ETF’s stock, valued at approximately $1,418,000. iShares Core S&P 500 ETF accounts for 1.0% of Sacks & Associates LLC’s investment portfolio, making the stock its 27th biggest holding.

A number of other institutional investors and hedge funds have also modified their holdings of IVV. Corient Private Wealth LLC lifted its stake in iShares Core S&P 500 ETF by 400.8% in the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock valued at $11,935,288,000 after buying an additional 13,946,081 shares in the last quarter. Capula Management Ltd increased its stake in iShares Core S&P 500 ETF by 1,374.6% during the 1st quarter. Capula Management Ltd now owns 9,094,984 shares of the ETF’s stock worth $5,940,934,000 after buying an additional 8,478,226 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 25.6% during the second quarter. Envestnet Asset Management Inc. now owns 41,391,871 shares of the ETF’s stock valued at $30,997,946,000 after acquiring an additional 8,432,228 shares during the last quarter. Millennium Management LLC raised its holdings in shares of iShares Core S&P 500 ETF by 93.3% during the fourth quarter. Millennium Management LLC now owns 14,494,278 shares of the ETF’s stock valued at $9,927,711,000 after acquiring an additional 6,995,145 shares during the last quarter. Finally, Allianz Asset Management GmbH lifted its position in shares of iShares Core S&P 500 ETF by 386.5% in the second quarter. Allianz Asset Management GmbH now owns 4,777,691 shares of the ETF’s stock valued at $3,577,965,000 after acquiring an additional 3,795,730 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF News Roundup

Here are the key news stories impacting iShares Core S&P 500 ETF this week:

• Positive Sentiment: Market optimism remains supportive: the S&P 500 reached new highs ahead of the fourth anniversary of its bull market, and one strategist believes the rally could continue. Strength across the index is directly beneficial to IVV, which tracks the S&P 500. S&P 500 Hits New Highs Ahead of Four-Year Bull Market Anniversary
• Positive Sentiment: A bullish forecast calls for the S&P 500 to reach 10,000 in 2027, citing a relatively attractive PEG ratio and historically favorable seasonal conditions. If realized, the outlook implies additional upside for IVV. Prediction: The S&P 500 Will Hit 10,000 in 2027
• Positive Sentiment: Historical analysis suggests October and the period following new market highs can still produce gains, reinforcing the constructive sentiment surrounding broad-market ETFs such as IVV. The S&P 500 Just Reached a New Record

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $781.97 on Friday. The stock’s 50 day simple moving average is $771.46 and its 200-day simple moving average is $742.73. The company has a market cap of $898.80 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.