iShares Core S&P 500 ETF $IVV Shares Sold by Kelleher Financial Advisors

Kelleher Financial Advisors decreased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 59,915 shares of the ETF’s stock after selling 1,518 shares during the period. iShares Core S&P 500 ETF comprises approximately 12.2% of Kelleher Financial Advisors’ portfolio, making the stock its biggest holding. Kelleher Financial Advisors’ holdings in iShares Core S&P 500 ETF were worth $45,886,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Olistico Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter worth $25,000. Punch & Associates Investment Management Inc. raised its stake in iShares Core S&P 500 ETF by 50.0% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after acquiring an additional 14 shares during the period. Sawyer & Company Inc purchased a new stake in iShares Core S&P 500 ETF during the third quarter valued at about $28,000. Montgomery Financial Services LLC purchased a new stake in iShares Core S&P 500 ETF during the second quarter valued at about $32,000. Finally, Virginia Estate & Retirement Planning Advisors Inc. purchased a new stake in iShares Core S&P 500 ETF during the third quarter valued at about $32,000. 70.12% of the stock is owned by institutional investors.

Key Headlines Impacting 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 Stock Up 1.6%

IVV opened at $770.17 on Thursday. The company has a market capitalization of $882.88 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The firm has a 50-day moving average price of $770.41 and a 200-day moving average price of $732.80. iShares Core S&P 500 ETF has a twelve month low of $632.14 and a twelve month high of $785.03.

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.