Allworth Financial LP Reduces Stake in iShares Core S&P 500 ETF $IVV

Allworth Financial LP reduced its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.4% during the second quarter, Holdings Channel.com reports. The institutional investor owned 121,498 shares of the ETF’s stock after selling 5,644 shares during the quarter. Allworth Financial LP’s holdings in iShares Core S&P 500 ETF were worth $90,989,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in IVV. Punch & Associates Investment Management Inc. lifted its stake in iShares Core S&P 500 ETF by 50.0% in the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after acquiring an additional 14 shares during the period. Hidden Cove Wealth Management LLC increased its position in iShares Core S&P 500 ETF by 3.5% during the 2nd quarter. Hidden Cove Wealth Management LLC now owns 409 shares of the ETF’s stock valued at $306,000 after purchasing an additional 14 shares during the period. Gratus Wealth Advisors LLC increased its position in iShares Core S&P 500 ETF by 0.3% during the 4th quarter. Gratus Wealth Advisors LLC now owns 4,776 shares of the ETF’s stock valued at $3,272,000 after purchasing an additional 15 shares during the period. Bridgewealth Advisory Group LLC raised its holdings in iShares Core S&P 500 ETF by 4.6% in the 4th quarter. Bridgewealth Advisory Group LLC now owns 343 shares of the ETF’s stock worth $235,000 after purchasing an additional 15 shares in the last quarter. Finally, Wealthgarden F.S. LLC raised its holdings in iShares Core S&P 500 ETF by 0.3% in the 4th quarter. Wealthgarden F.S. LLC now owns 5,904 shares of the ETF’s stock worth $4,109,000 after purchasing an additional 15 shares in the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

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: HSBC said U.S. stocks may have further upside because artificial-intelligence-related productivity and earnings gains may not yet be fully reflected in valuations. Continued skepticism about technology and semiconductor earnings could leave room for positive surprises. HSBC S&P 500 outlook
• Positive Sentiment: Analysts noted robust S&P 500 earnings growth, a lower forward price-to-earnings ratio than earlier in the year and an earnings yield near 5%, factors that could support further gains if Treasury yields remain contained. S&P 500 earnings outlook
• Positive Sentiment: Market commentary characterized the recent sideways trading near record highs as possible consolidation before another advance, supported by earnings and valuation trends. S&P 500 and ETF outlook
• Neutral Sentiment: Bloom Energy’s addition to the S&P 500 may modestly affect IVV’s holdings and reflects growing investor interest in power infrastructure for AI data centers, but the company’s weighting is unlikely to materially influence the ETF. Bloom Energy S&P 500 inclusion
• Neutral Sentiment: Historical analysis continues to favor staying invested through normal market pullbacks, although the S&P 500’s near-record level increases sensitivity to short-term volatility. S&P 500 historical perspective
• Negative Sentiment: Early Tuesday futures were broadly lower as oil prices climbed and seasonal post-holiday weakness pressured investor sentiment. S&P 500 market-opening outlook
• Negative Sentiment: Rising 10-year Treasury yields remain a key risk; a move above 5% could pressure equity valuations, particularly for high-growth technology companies that represent a significant portion of IVV. Gold versus S&P 500 outlook

iShares Core S&P 500 ETF Stock Down 0.6%

Shares of NYSEARCA:IVV traded down $4.72 on Tuesday, hitting $769.20. The company had a trading volume of 16,202,958 shares, compared to its average volume of 7,832,752. The firm’s 50-day simple moving average is $761.29 and its two-hundred day simple moving average is $727.91. The firm has a market capitalization of $893.46 billion, a price-to-earnings 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 $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.