Johnson Investment Counsel Inc. Boosts Position in iShares Core S&P 500 ETF $IVV

Johnson Investment Counsel Inc. grew its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,473,438 shares of the ETF’s stock after buying an additional 50,409 shares during the period. iShares Core S&P 500 ETF accounts for 8.1% of Johnson Investment Counsel Inc.’s portfolio, making the stock its 2nd biggest holding. Johnson Investment Counsel Inc.’s holdings in iShares Core S&P 500 ETF were worth $1,103,443,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in IVV. Ndwm LLC increased its holdings in iShares Core S&P 500 ETF by 0.7% in the 2nd quarter. Ndwm LLC now owns 65,309 shares of the ETF’s stock worth $48,910,000 after acquiring an additional 443 shares in the last quarter. Castellan Group purchased a new position in iShares Core S&P 500 ETF during the second quarter valued at approximately $1,645,000. Symmetry Partners LLC purchased a new position in iShares Core S&P 500 ETF during the second quarter valued at approximately $596,000. L. Roy Papp & Associates LLP boosted its position in shares of iShares Core S&P 500 ETF by 5.1% in the second quarter. L. Roy Papp & Associates LLP now owns 1,049 shares of the ETF’s stock worth $786,000 after purchasing an additional 51 shares during the period. Finally, Leonard Rickey Investment Advisors P.L.L.C. boosted its position in shares of iShares Core S&P 500 ETF by 8.1% in the second quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 2,193 shares of the ETF’s stock worth $1,643,000 after purchasing an additional 164 shares during the period. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA IVV opened at $780.04 on Monday. The firm has a fifty day moving average price of $752.14 and a 200-day moving average price of $718.97. The stock has a market cap of $906.06 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $632.14 and a 1 year high of $783.09.

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: Cooling inflation supports stocks: A benign PPI reading eased interest-rate concerns and improved investor sentiment, raising expectations that the Federal Reserve may have more flexibility on future policy. S&P 500 Hits New Record High Following PPI Data
• Positive Sentiment: Record index performance and technology strength: The S&P 500 closed at a new high as falling oil prices, easing inflation fears and continued technology-sector gains encouraged risk-taking. This is the most direct support for IVV. Dow rises as S&P 500 closes at record high
• Positive Sentiment: Potential index breakout: Technical analysts see bullish flag formations and possible breakouts in the S&P 500 and Nasdaq, suggesting momentum could continue if geopolitical risks do not intensify. US Indices Forecast
• Positive Sentiment: Tariff refunds may aid constituents: More than 40 S&P 500 companies reported approximately $9.6 billion in tariff refunds, with $2.1 billion already received. These cash benefits could modestly support earnings and liquidity for affected holdings. S&P 500 Companies Claim Tariff Refunds
• Neutral Sentiment: Index reshuffling: Reddit will enter the S&P 500 on August 18, replacing AvalonBay Communities. The change may create short-term rebalancing flows, but its effect on IVV should be limited because Reddit represents a small portion of the index. Reddit shares jump on S&P 500 inclusion
• Negative Sentiment: Geopolitical and policy risks remain: Renewed Middle East tensions and uncertainty ahead of the weekend are limiting gains, while upcoming economic data could renew questions about the Fed’s interest-rate path. S&P 500 edges higher as earnings offset tensions

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.