iShares Core S&P 500 ETF $IVV Shares Purchased by Lansing Street Advisors

Lansing Street Advisors increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 44.2% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 7,531 shares of the ETF’s stock after purchasing an additional 2,309 shares during the period. iShares Core S&P 500 ETF makes up approximately 1.2% of Lansing Street Advisors’ investment portfolio, making the stock its 18th largest position. Lansing Street Advisors’ holdings in iShares Core S&P 500 ETF were worth $5,640,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Heck Capital Advisors LLC purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $331,591,000. Bison Wealth LLC lifted its holdings in iShares Core S&P 500 ETF by 24.0% during the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the ETF’s stock worth $4,591,000 after buying an additional 1,511 shares in the last quarter. Schnieders Capital Management LLC. lifted its holdings in iShares Core S&P 500 ETF by 0.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the ETF’s stock worth $3,512,000 after buying an additional 45 shares in the last quarter. First Trust Advisors LP boosted its position in iShares Core S&P 500 ETF by 43.1% in the 2nd quarter. First Trust Advisors LP now owns 6,989 shares of the ETF’s stock valued at $4,340,000 after buying an additional 2,105 shares during the period. Finally, Sei Investments Co. boosted its position in iShares Core S&P 500 ETF by 1.2% in the 2nd quarter. Sei Investments Co. now owns 8,455 shares of the ETF’s stock valued at $5,250,000 after buying an additional 97 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

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: Evercore ISI raised its view that the S&P 500 could reach 9,000 by year-end, arguing that the multiyear bull market still has substantial room to run. A higher index target supports potential upside for IVV. S&P 500 year-end prediction: Evercore ISI now sees 9,000 as realistic
• Positive Sentiment: Market commentators, including Joe Terranova and RBC’s Lori Calvasina, continue to see additional S&P 500 upside, with some suggesting the index could approach 10,000 over the next 18 months. These forecasts reinforce the bullish longer-term case for IVV. Joe Terranova S&P 500 outlook RBC’s Lori Calvasina sees S&P 500 upside
• Positive Sentiment: Historical analysis showing strong long-term results for investors who bought during market crashes may support continued confidence in owning broad-market exposure such as IVV, although it does not eliminate short-term downside risk. S&P 500 crash-investing returns
• Neutral Sentiment: The S&P 500 is seeing a record number of negative-beta stocks, meaning more constituents are moving opposite to one another. This points to elevated underlying volatility and less uniform market participation, even if index-level performance appears relatively calm. Negative-beta stocks in the S&P 500
• Negative Sentiment: Thirty-year Treasury yields above 5.28% are pressuring stocks as investors weigh inflation, government deficits and heavy debt issuance. Higher long-term yields can reduce the relative appeal of equities and weigh on IVV, particularly its growth-oriented holdings. S&P 500 and 30-year Treasury yields
• Negative Sentiment: Renewed Middle East violence added to concerns about a broader escalation, contributing to choppy trading in stocks and bonds and increasing near-term risk for IVV. RBC market outlook amid geopolitical risk

iShares Core S&P 500 ETF Trading Down 0.5%

NYSEARCA:IVV opened at $776.29 on Tuesday. The firm has a market cap of $901.70 billion, a PE ratio of 25.10 and a beta of 1.00. The stock has a fifty day moving average price of $752.81 and a 200 day moving average price of $719.52. iShares Core S&P 500 ETF has a 12-month low of $632.14 and a 12-month high of $783.09.

iShares Core S&P 500 ETF 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.