Legacy Private Trust Co. Sells 4,212 Shares of iShares Core S&P 500 ETF $IVV

Legacy Private Trust Co. lowered its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 326,335 shares of the ETF’s stock after selling 4,212 shares during the quarter. iShares Core S&P 500 ETF comprises 13.5% of Legacy Private Trust Co.’s investment portfolio, making the stock its biggest holding. Legacy Private Trust Co.’s holdings in iShares Core S&P 500 ETF were worth $244,389,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Keenan LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $26,000. Punch & Associates Investment Management Inc. grew its stake in iShares Core S&P 500 ETF by 50.0% during the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after purchasing an additional 14 shares during the period. Decker Retirement Planning Inc. acquired a new stake in iShares Core S&P 500 ETF during the fourth quarter worth approximately $29,000. GS Investments Inc. increased its holdings in iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after purchasing an additional 20 shares in the last quarter. Finally, Allied Private Wealth LLC bought a new stake in iShares Core S&P 500 ETF in the second quarter worth approximately $33,000. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $781.47 on Friday. iShares Core S&P 500 ETF has a 52-week low of $632.14 and a 52-week high of $783.09. The business’s 50 day moving average price is $751.36 and its two-hundred day moving average price is $718.38. The firm has a market cap of $907.72 billion, a PE ratio of 25.10 and a beta of 1.00.

More iShares Core S&P 500 ETF News

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

• Positive Sentiment: A moderated wholesale-inflation reading reduced fears that the Federal Reserve would need to keep interest rates higher for longer. The S&P 500 gained 0.66% and briefly crossed 7,800, providing the main catalyst for IVV’s advance. U.S. Stocks Rise, S&P 500 Closes at Record High, After Inflation Data
• Positive Sentiment: Technology stocks and artificial-intelligence infrastructure companies continued to lead the market, while falling oil prices further supported investor risk appetite. Continued AI optimism could benefit IVV because large technology companies represent a significant portion of the ETF. Dow rises as S&P 500 closes at record high on softer inflation, tech gains
• Positive Sentiment: More than 40 S&P 500 companies reported approximately $9.6 billion in tariff refunds, including about $2.1 billion already received in cash. The refunds may support corporate earnings and cash flow across some IVV holdings. S&P 500 Companies Claim First Payouts From $100 Billion Tariff Refund Wave
• Neutral Sentiment: Reddit’s planned addition to the S&P 500 reflects continued market strength and will modestly change the index’s holdings, but its direct effect on IVV should be limited. Reddit shares jump 11% on inclusion in S&P 500
• Negative Sentiment: The S&P 500’s historically low dividend yield may make IVV less attractive to investors primarily seeking current income, although it does not appear to be the immediate driver of the ETF’s movement. The S&P 500 Yield Is the Lowest in History

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.