iShares Core S&P 500 ETF $IVV Stake Boosted by PFG Investments LLC

PFG Investments LLC lifted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 31.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,314 shares of the ETF’s stock after acquiring an additional 2,207 shares during the quarter. PFG Investments LLC’s holdings in iShares Core S&P 500 ETF were worth $6,975,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Teramo Advisors LLC raised its holdings in shares of iShares Core S&P 500 ETF by 22.0% during the second quarter. Teramo Advisors LLC now owns 360,000 shares of the ETF’s stock worth $269,600,000 after acquiring an additional 65,000 shares in the last quarter. Johnson Investment Counsel Inc. grew its stake in iShares Core S&P 500 ETF by 3.5% in the second quarter. Johnson Investment Counsel Inc. now owns 1,473,438 shares of the ETF’s stock valued at $1,103,443,000 after purchasing an additional 50,409 shares in the last quarter. Ndwm LLC grew its stake in iShares Core S&P 500 ETF by 0.7% in the second quarter. Ndwm LLC now owns 65,309 shares of the ETF’s stock valued at $48,910,000 after purchasing an additional 443 shares in the last quarter. Castellan Group acquired a new position in iShares Core S&P 500 ETF in the 2nd quarter worth about $1,645,000. Finally, Symmetry Partners LLC acquired a new position in iShares Core S&P 500 ETF in the 2nd quarter worth about $596,000. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting 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 Price Performance

IVV opened at $780.04 on Monday. iShares Core S&P 500 ETF has a fifty-two week low of $632.14 and a fifty-two week high of $783.09. The business has a 50-day moving average of $752.14 and a 200-day moving average of $718.97. The company has a market capitalization of $906.06 billion, a PE ratio of 25.10 and a beta of 1.00.

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.