Rakuten Investment Management Inc. raised its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 1.0% in the third quarter, Holdings Channel reports. The fund owned 92,767 shares of the ETF’s stock after buying an additional 910 shares during the period. Rakuten Investment Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $71,201,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Citrine Capital LLC raised its holdings in shares of iShares Core S&P 500 ETF by 2.8% during the 3rd quarter. Citrine Capital LLC now owns 474 shares of the ETF’s stock worth $363,000 after acquiring an additional 13 shares during the period. Punch & Associates Investment Management Inc. grew its stake in shares of 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 buying an additional 14 shares during the period. Hidden Cove Wealth Management LLC lifted its holdings in iShares Core S&P 500 ETF by 3.5% in the second quarter. Hidden Cove Wealth Management LLC now owns 409 shares of the ETF’s stock valued at $306,000 after acquiring an additional 14 shares during the last quarter. IFC & Insurance Marketing Inc. increased its stake in iShares Core S&P 500 ETF by 3.9% during the third quarter. IFC & Insurance Marketing Inc. now owns 371 shares of the ETF’s stock worth $284,000 after acquiring an additional 14 shares during the last quarter. Finally, Rainey & Randall Wealth Advisors Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 3.0% in the 3rd quarter. Rainey & Randall Wealth Advisors Inc. now owns 481 shares of the ETF’s stock valued at $368,000 after purchasing an additional 14 shares during the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Price Performance
NYSEARCA IVV opened at $770.17 on Thursday. The stock has a market capitalization of $882.88 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm’s 50-day moving average is $770.41 and its two-hundred day moving average is $732.80. 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 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.
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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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