Watershed Private Wealth LLC grew its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 4.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 94,941 shares of the ETF’s stock after acquiring an additional 4,235 shares during the period. iShares Core S&P 500 ETF makes up approximately 19.5% of Watershed Private Wealth LLC’s portfolio, making the stock its largest position. Watershed Private Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $72,710,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Olistico Wealth LLC purchased a new stake in iShares Core S&P 500 ETF during the third quarter worth about $25,000. Punch & Associates Investment Management Inc. grew its position in iShares Core S&P 500 ETF by 50.0% during the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after buying an additional 14 shares during the period. Sawyer & Company Inc acquired a new position in iShares Core S&P 500 ETF during the third quarter worth about $28,000. Montgomery Financial Services LLC acquired a new position in iShares Core S&P 500 ETF during the second quarter worth about $32,000. Finally, Virginia Estate & Retirement Planning Advisors Inc. purchased a new position in iShares Core S&P 500 ETF in the third quarter valued at about $32,000. 70.12% of the stock is owned by institutional investors and hedge funds.
iShares Core S&P 500 ETF Trading Up 1.6%
IVV stock opened at $770.17 on Thursday. The firm has a 50 day moving average of $770.41 and a 200-day moving average of $732.80. The company has a market cap of $882.88 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $632.14 and a 12-month high of $785.03.
Trending Headlines about iShares Core S&P 500 ETF
Here are the key news stories impacting iShares Core S&P 500 ETF this week:
- Positive Sentiment: In 12 of 16 previous instances when the S&P 500 fell in both September and October, the index rose in November and December. That history may support a more optimistic near-term outlook, though it does not predict what happens this time. Article: The S&P 500 Fell in Both September and October for Only the 17th Time Since 1950. Here’s What Usually Followed.
- Neutral Sentiment: The S&P 500 was near a record even though about 60% of its stocks were reportedly in bear markets. This divergence suggests index gains may be concentrated in a smaller group of large companies, leaving IVV exposed if leadership weakens. Article: 60% of S&P 500 Stocks Are in a Bear Market, With the Index Near a Record
- Neutral Sentiment: Equal-weight S&P 500 exposure outperformed the standard index in October. That may indicate a broader market rally, but it also means IVV’s market-cap-weighted approach lagged that measure during the month. Article: This Index Just Did Something It Hasn’t Done Since 2009. Is It Time To Buy?
- Negative Sentiment: U.S. stock futures fell following the midterm election results, signaling a risk-off tone that could weigh on IVV and other broad-market funds. Article: Dow Jones, Nasdaq 100, S&P 500 futures tumble after Democratic sweep: what next?
- Negative Sentiment: A report cautioned that an accounting issue tied to the AI buildout could make some technology companies’ earnings look stronger than their underlying results, raising a potential risk for the S&P 500’s large technology holdings. Article: The S&P 500’s Record Profits Are Hiding a Problem Investors Haven’t Seen Before
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.
Further Reading
- Five stocks we like better than iShares Core S&P 500 ETF
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report).
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