iShares Core S&P 500 ETF $IVV Stock Sold by Gradient Investments LLC

Gradient Investments LLC trimmed its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 54,326 shares of the ETF’s stock after selling 4,364 shares during the quarter. Gradient Investments LLC’s holdings in iShares Core S&P 500 ETF were worth $41,606,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Envestnet Asset Management Inc. increased its stake in shares of iShares Core S&P 500 ETF by 25.6% in the second quarter. Envestnet Asset Management Inc. now owns 41,391,871 shares of the ETF’s stock worth $30,997,946,000 after acquiring an additional 8,432,228 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in iShares Core S&P 500 ETF by 1.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 35,018,846 shares of the ETF’s stock valued at $26,225,264,000 after purchasing an additional 421,146 shares in the last quarter. Corient Private Wealth LLC increased its position in iShares Core S&P 500 ETF by 400.8% in the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock worth $11,935,288,000 after purchasing an additional 13,946,081 shares during the last quarter. Millennium Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 93.3% during the 4th quarter. Millennium Management LLC now owns 14,494,278 shares of the ETF’s stock worth $9,927,711,000 after purchasing an additional 6,995,145 shares in the last quarter. Finally, Squarepoint Ops LLC grew its stake in shares of iShares Core S&P 500 ETF by 27.2% in the 4th quarter. Squarepoint Ops LLC now owns 10,478,051 shares of the ETF’s stock valued at $7,176,836,000 after buying an additional 2,241,167 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

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: Strong earnings outlook supports the index. Deutsche Bank expects S&P 500 third-quarter earnings growth of 34%, above the 27% consensus, while broader analyst estimates point to approximately 30% growth. Continued AI demand and a cyclical recovery could support IVV’s holdings. Deutsche Bank sees S&P 500 earnings growth holding at record in Q3 Here comes third-quarter earnings season
• Positive Sentiment: Some strategists remain bullish. A historically favorable period for stocks and an attractive PEG ratio are cited as reasons the S&P 500 could reach 10,000 by the end of 2027, potentially benefiting IVV over the longer term. Prediction: The S&P 500 Will Hit 10,000 in 2027
• Neutral Sentiment: New Trump Accounts could expand ETF participation. The program initially directs contributions into a State Street ETF, not IVV specifically, so any benefit to IVV would likely be indirect through broader demand for U.S. equity funds. 70 Million Kids Just Got Trump Accounts
• Neutral Sentiment: Record highs provide momentum but raise valuation concerns. The S&P 500 recently reached new highs, and improving investor sentiment may support IVV; however, market gains have been concentrated in technology stocks while many other shares lag. The S&P 500 Hits a New Record High
• Negative Sentiment: Higher yields and inflation concerns are pressuring equities. Rising Treasury yields and hawkish inflation data increase discount rates and could weigh on IVV’s growth-oriented holdings. Stock Market: Will S&P 500 Open Up or Down Today?
• Negative Sentiment: AI concentration is a key downside risk. Nvidia, Apple and Microsoft account for roughly 21% of the S&P 500, making IVV more vulnerable if the AI trade loses momentum. One strategist warned that an AI bubble could burst in 2027 and trigger a major index decline. AI bubble could burst in 2027 Three Stocks Are Now 21% of the S&P 500
• Negative Sentiment: Geopolitical tensions add volatility risk. Reports of potential U.S. military action involving Iran, alongside higher oil prices, could weaken risk appetite and pressure the broad market. Stock Market Today

iShares Core S&P 500 ETF Trading Down 0.7%

NYSEARCA IVV traded down $5.25 during trading on Thursday, reaching $775.33. The company’s stock had a trading volume of 1,351,128 shares, compared to its average volume of 7,894,607. The business has a 50-day moving average price of $770.19 and a 200-day moving average price of $741.57. iShares Core S&P 500 ETF has a 1-year low of $632.14 and a 1-year high of $785.03. The stock has a market capitalization of $891.16 billion, a PE ratio of 25.10 and a beta of 1.00.

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.