iShares Core S&P 500 ETF $IVV is WealthPLAN Partners LLC’s 3rd Largest Position

WealthPLAN Partners LLC increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 33.7% during the first quarter, Holdings Channel.com reports. The firm owned 31,516 shares of the company’s stock after purchasing an additional 7,943 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 4.0% of WealthPLAN Partners LLC’s holdings, making the stock its 3rd largest position. WealthPLAN Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $20,587,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of IVV. Armor Investment Advisors LLC lifted its position in shares of iShares Core S&P 500 ETF by 9.1% during the 1st quarter. Armor Investment Advisors LLC now owns 69,615 shares of the company’s stock valued at $45,473,000 after buying an additional 5,790 shares in the last quarter. Addison Capital Co purchased a new stake in iShares Core S&P 500 ETF in the 1st quarter worth approximately $2,658,000. Alliance Wealth Management Group increased its holdings in iShares Core S&P 500 ETF by 5.2% in the 1st quarter. Alliance Wealth Management Group now owns 54,712 shares of the company’s stock worth $35,765,000 after acquiring an additional 2,698 shares in the last quarter. Shelter Mutual Insurance Co raised its stake in iShares Core S&P 500 ETF by 1.9% during the 1st quarter. Shelter Mutual Insurance Co now owns 32,494 shares of the company’s stock worth $21,225,000 after acquiring an additional 598 shares during the period. Finally, Horst & Graben Wealth Management LLC raised its stake in iShares Core S&P 500 ETF by 0.6% during the 1st quarter. Horst & Graben Wealth Management LLC now owns 18,471 shares of the company’s stock worth $13,271,000 after acquiring an additional 114 shares during the period. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $751.08 on Wednesday. The company has a market capitalization of $887.85 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $621.05 and a 1-year high of $764.00. The firm’s 50 day simple moving average is $743.93 and its two-hundred day simple moving average is $705.75.

Key iShares Core S&P 500 ETF News

Here are the key news stories impacting iShares Core S&P 500 ETF this week:

• Positive Sentiment: Several Wall Street strategists remain constructive on U.S. stocks, with Ed Yardeni reiterating an S&P 500 target of 8,250 by year-end and other commentators saying the index still has room to climb as earnings hold up. Article Title
• Positive Sentiment: Recent commentary also points to favorable earnings growth expectations, reasonable valuations, and the S&P 500’s strong recent run as support for continued upside in broad-market ETFs like IVV. Article Title
• Positive Sentiment: Some analysis says the S&P 500 has more upside left this year, citing technical strength and the possibility that broad index gains can continue even after a recent pullback in large-cap leaders. Article Title
• Neutral Sentiment: The S&P 500 recently had its best week in two months, showing underlying momentum that can help support IVV, though this is partly offset by broader market rotation. Article Title
• Negative Sentiment: Short-term pressure is coming from a chip selloff and renewed AI bubble worries, which dragged the Nasdaq and S&P 500 lower as investors rotated out of tech and into defensive sectors. Article Title
• Negative Sentiment: Bank of America strategist Savita Subramanian warned that the market may face risks ahead and questioned continued enthusiasm for Magnificent Seven and other megacap tech names, which could weigh on index-level performance. Article Title

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.