iShares Core S&P 500 ETF $IVV Stock: New York Life Investment Management LLC Lowers Holdings

New York Life Investment Management LLC cut its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,600 shares of the ETF’s stock after selling 1,385 shares during the quarter. New York Life Investment Management LLC’s holdings in iShares Core S&P 500 ETF were worth $19,606,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. Diversify Advisory Services LLC grew its position in iShares Core S&P 500 ETF by 28.7% during the 3rd quarter. Diversify Advisory Services LLC now owns 165,212 shares of the ETF’s stock worth $128,066,000 after purchasing an additional 36,853 shares during the period. Blalock Williams LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 74.9% in the 2nd quarter. Blalock Williams LLC now owns 16,650 shares of the ETF’s stock valued at $12,469,000 after buying an additional 7,130 shares during the period. Elevated Financial Group LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 27.7% in the 3rd quarter. Elevated Financial Group LLC now owns 75,609 shares of the ETF’s stock valued at $57,905,000 after buying an additional 16,379 shares during the period. Prairie Advisory LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 123.1% in the 3rd quarter. Prairie Advisory LLC now owns 16,558 shares of the ETF’s stock valued at $12,681,000 after buying an additional 9,135 shares during the period. Finally, Farmers & Merchants Investments Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 0.5% in the third quarter. Farmers & Merchants Investments Inc. now owns 392,437 shares of the ETF’s stock worth $300,548,000 after buying an additional 1,848 shares during the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

Top iShares Core S&P 500 ETF Stories

Here are a few of the latest stories about IVV:

• Positive Sentiment: U.S. stock futures rose after CoreWeave’s update eased concerns about AI spending, potentially supporting major technology stocks and the S&P 500’s heavily weighted growth names. Reuters article
• Positive Sentiment: Futures also climbed as falling oil prices lifted market sentiment, providing a near-term tailwind for broad U.S. equities. Reuters article
• Negative Sentiment: Reuters technical analysis warned that the S&P 500 could face further losses, a direct risk for IVV, which tracks the index. Reuters article

iShares Core S&P 500 ETF Stock Up 1.3%

Shares of IVV opened at $763.08 on Thursday. The company has a market capitalization of $885.17 billion, a price-to-earnings ratio of 23.48 and a beta of 1.01. iShares Core S&P 500 ETF has a 52 week low of $632.14 and a 52 week high of $785.03. The stock’s 50-day moving average price is $768.29 and its 200-day moving average price is $734.29.

About iShares Core S&P 500 ETF

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.