Financial Partners Group Inc grew its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 1.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 120,998 shares of the company’s stock after purchasing an additional 2,217 shares during the period. iShares Core S&P 500 ETF makes up about 9.7% of Financial Partners Group Inc’s holdings, making the stock its largest holding. Financial Partners Group Inc’s holdings in iShares Core S&P 500 ETF were worth $84,097,000 at the end of the most recent reporting period.
Other large investors also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth $29,000. Palouse Capital Management Inc. acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth $38,000. Imprint Wealth LLC acquired a new position in iShares Core S&P 500 ETF during the third quarter worth $39,000. Dorato Capital Management acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth $55,000. Finally, EQ Wealth Advisors LLC acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth $55,000. 70.12% of the stock is currently owned by institutional investors and hedge funds.
iShares Core S&P 500 ETF Trading Up 0.8%
Shares of NYSEARCA IVV opened at $740.97 on Friday. The stock has a market cap of $818.22 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $565.48 and a 12-month high of $741.50. The business’s fifty day simple moving average is $684.53 and its 200-day simple moving average is $685.48.
iShares Core S&P 500 ETF News Summary
- Positive Sentiment: RBC Capital Markets raised its year-end S&P 500 target to 7,900, citing resilient earnings growth and strong AI-related demand, which supports further upside for IVV. RBC lifts S&P 500 year-end target to 7,900 on AI optimism
- Positive Sentiment: Another RBC note argued that big tech and a “two-speed” economy could help drive the benchmark roughly 10% higher over the next year, reinforcing a bullish backdrop for S&P 500 exposure. RBC Boosts S&P 500 Price Target. Big Tech Can Drive a 10% Gain.
- Positive Sentiment: Markets continued to notch record highs this week, with the S&P 500 extending its rally despite geopolitical uncertainty, which should help sentiment toward IVV. Nasdaq, S&P 500 Enjoy Another Record-Breaking Week
- Positive Sentiment: Additional commentary said the S&P 500’s rally is being supported by a strong earnings season, a key driver that can keep passive index funds like IVV elevated. Why the S&P 500 Is Heading to 8000
- Neutral Sentiment: State Street’s ETF outlook said IVV could benefit from heavy U.S. ETF inflows this year, although this is more of a structural tailwind than an immediate catalyst. If the 10-Year Treasury Crosses 4.6%, Here’s What Happens to VOO and IVV
- Neutral Sentiment: Some traders are buying S&P 500 downside protection as part of a hedge trade, suggesting investors are still willing to pay for insurance even as the index rallies. This ‘win-win’ hedge trade is getting popular with traders
- Negative Sentiment: Some technical analysts warned the rally may be getting stretched, with breadth divergence and reversal signals pointing to possible late-stage exhaustion, which could pressure IVV if momentum fades. Elliott Wave and Market Breadth Align on Late-Stage Rally Risk for the S&P 500
About iShares Core S&P 500 ETF
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.
Featured Stories
Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report).
Receive News & Ratings for iShares Core S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
