iShares Core S&P 500 ETF $IVV Stock Bought by WealthPlan Investment Management LLC

WealthPlan Investment Management LLC lifted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 152,835 shares of the ETF’s stock after purchasing an additional 3,534 shares during the quarter. iShares Core S&P 500 ETF comprises 5.5% of WealthPlan Investment Management LLC’s investment portfolio, making the stock its biggest holding. WealthPlan Investment Management LLC’s holdings in iShares Core S&P 500 ETF were worth $117,049,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently made changes to their positions in IVV. Wall Capital Group Inc. grew its position in iShares Core S&P 500 ETF by 1.7% in the 3rd quarter. Wall Capital Group Inc. now owns 12,519 shares of the ETF’s stock valued at $9,588,000 after purchasing an additional 205 shares during the period. Nvwm LLC increased its stake in iShares Core S&P 500 ETF by 8,600.0% during the 3rd quarter. Nvwm LLC now owns 174 shares of the ETF’s stock valued at $133,000 after purchasing an additional 172 shares in the last quarter. Covenant Asset Management LLC bought a new stake in iShares Core S&P 500 ETF during the 3rd quarter valued at $410,000. Orgel Wealth Management LLC raised its holdings in iShares Core S&P 500 ETF by 3.9% during the third quarter. Orgel Wealth Management LLC now owns 671,431 shares of the ETF’s stock worth $514,216,000 after buying an additional 24,895 shares during the last quarter. Finally, HBW Advisory Services LLC raised its holdings in iShares Core S&P 500 ETF by 10.6% during the third quarter. HBW Advisory Services LLC now owns 5,712 shares of the ETF’s stock worth $4,375,000 after buying an additional 547 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Trading Up 0.3%

IVV opened at $775.16 on Friday. iShares Core S&P 500 ETF has a 1-year low of $632.14 and a 1-year high of $785.03. The company has a market cap of $888.72 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company’s fifty day moving average price is $772.06 and its two-hundred day moving average price is $746.92.

Key Headlines Impacting iShares Core S&P 500 ETF

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

• Positive Sentiment: Upbeat earnings expectations, positive analyst estimate revisions and forecasts for strong holiday spending are supporting S&P 500 ETFs despite rate concerns. S&P 500 ETFs Defy Rate Worries as Earnings Outlook Strengthens
• Positive Sentiment: Strategists say the S&P 500 could reach 8,000 or 8,100 if third-quarter earnings are exceptionally strong and currently lagging sectors begin participating in the rally. That would benefit IVV’s diversified holdings. S&P 500’s march to 8,000 hinges on very strong third quarter Citi Says the S&P 500 Hits 8,100
• Neutral Sentiment: The market remains near record levels, but technology stocks represent an unusually large share of the S&P 500. Analysts argue that broader participation outside technology may be needed to sustain further gains. Tech Stocks Have Taken Over the S&P 500
• Negative Sentiment: Hot producer- and consumer-price data are keeping Federal Reserve and interest-rate risks in focus. Higher Treasury yields have pressured technology and semiconductor shares, which are important components of IVV. Hot PPI Tests Stock Rebound Hot CPI Puts Long-Term Yields Back in Control
• Negative Sentiment: Several reports warn that AI-driven earnings growth is concentrated in technology and energy, while 84% of S&P 500 constituents are in correction territory. That divergence raises the risk of a broader pullback despite the index’s strong headline performance. 84% of S&P 500 Stocks Are in Correction Territory

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.