iShares Core S&P 500 ETF $IVV Shares Purchased by Sunpointe LLC

Sunpointe LLC increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 43.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,299 shares of the ETF’s stock after purchasing an additional 2,225 shares during the period. iShares Core S&P 500 ETF accounts for about 1.6% of Sunpointe LLC’s portfolio, making the stock its 16th largest position. Sunpointe LLC’s holdings in iShares Core S&P 500 ETF were worth $5,466,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of IVV. Corient Private Wealth LLC raised its holdings in shares of iShares Core S&P 500 ETF by 400.8% in the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock worth $11,935,288,000 after buying an additional 13,946,081 shares during the last quarter. Capula Management Ltd grew its holdings in shares of iShares Core S&P 500 ETF by 1,374.6% during the first quarter. Capula Management Ltd now owns 9,094,984 shares of the ETF’s stock valued at $5,940,934,000 after buying an additional 8,478,226 shares during the last quarter. Schonfeld Strategic Advisors LLC increased its position in shares of iShares Core S&P 500 ETF by 3,927.5% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the ETF’s stock valued at $5,590,424,000 after acquiring an additional 7,959,263 shares during the period. Millennium Management LLC increased its position in shares of iShares Core S&P 500 ETF by 93.3% in the 4th 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 period. Finally, Walleye Capital LLC purchased a new position in iShares Core S&P 500 ETF in the 4th quarter worth $4,531,611,000. 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: 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 Price Performance

Shares of IVV stock opened at $776.29 on Tuesday. The business has a fifty day moving average of $752.81 and a 200 day moving average of $719.52. iShares Core S&P 500 ETF has a 1 year low of $632.14 and a 1 year high of $783.09. The firm has a market capitalization of $901.70 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF Company 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.