Montz Harcus Wealth Management LLC Buys 704 Shares of iShares Core S&P 500 ETF $IVV

Montz Harcus Wealth Management LLC increased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 42.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,379 shares of the ETF’s stock after buying an additional 704 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 0.7% of Montz Harcus Wealth Management LLC’s holdings, making the stock its 25th largest holding. Montz Harcus Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $1,822,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. RTD Financial Advisors Inc. boosted its stake in shares of iShares Core S&P 500 ETF by 0.9% during the 3rd quarter. RTD Financial Advisors Inc. now owns 153,036 shares of the ETF’s stock worth $117,203,000 after purchasing an additional 1,298 shares during the period. Taylor & Morgan Wealth Management LLC raised its position in iShares Core S&P 500 ETF by 3.2% in the 3rd quarter. Taylor & Morgan Wealth Management LLC now owns 29,947 shares of the ETF’s stock worth $22,935,000 after purchasing an additional 936 shares during the period. Armstrong Advisory Group Inc. raised its position in iShares Core S&P 500 ETF by 4.9% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 319,321 shares of the ETF’s stock worth $244,552,000 after purchasing an additional 14,982 shares during the period. Tilia Fiduciary Partners Inc. lifted its stake in iShares Core S&P 500 ETF by 23.0% in the third quarter. Tilia Fiduciary Partners Inc. now owns 673 shares of the ETF’s stock worth $516,000 after purchasing an additional 126 shares during the last quarter. Finally, Valley Wealth Managers Inc. lifted its stake in iShares Core S&P 500 ETF by 0.4% in the third quarter. Valley Wealth Managers Inc. now owns 4,250 shares of the ETF’s stock worth $3,255,000 after purchasing an additional 16 shares during the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $781.97 on Friday. The firm has a market capitalization of $898.80 billion, a PE ratio of 25.10 and a beta of 1.00. The business has a 50 day simple moving average of $771.46 and a two-hundred day simple moving average of $742.73. iShares Core S&P 500 ETF has a 1 year low of $632.14 and a 1 year high of $785.03.

iShares Core S&P 500 ETF News Roundup

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

• Positive Sentiment: Market optimism remains supportive: the S&P 500 reached new highs ahead of the fourth anniversary of its bull market, and one strategist believes the rally could continue. Strength across the index is directly beneficial to IVV, which tracks the S&P 500. S&P 500 Hits New Highs Ahead of Four-Year Bull Market Anniversary
• Positive Sentiment: A bullish forecast calls for the S&P 500 to reach 10,000 in 2027, citing a relatively attractive PEG ratio and historically favorable seasonal conditions. If realized, the outlook implies additional upside for IVV. Prediction: The S&P 500 Will Hit 10,000 in 2027
• Positive Sentiment: Historical analysis suggests October and the period following new market highs can still produce gains, reinforcing the constructive sentiment surrounding broad-market ETFs such as IVV. The S&P 500 Just Reached a New Record

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.