iShares Core S&P 500 ETF $IVV Shares Bought by ALM First Financial Advisors LLC

ALM First Financial Advisors LLC boosted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 41.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,130 shares of the ETF’s stock after purchasing an additional 9,775 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 3.9% of ALM First Financial Advisors LLC’s holdings, making the stock its 4th largest position. ALM First Financial Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $25,373,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Olistico Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at $25,000. Keenan LLC bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $26,000. Punch & Associates Investment Management Inc. increased its stake in iShares Core S&P 500 ETF by 50.0% in the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after acquiring an additional 14 shares during the period. Montgomery Financial Services LLC bought a new position in shares of iShares Core S&P 500 ETF during the 2nd quarter worth approximately $32,000. Finally, Allied Private Wealth LLC bought a new position in iShares Core S&P 500 ETF during the 2nd quarter valued at about $33,000. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Down 0.1%

NYSEARCA:IVV traded down $0.83 during mid-day trading on Tuesday, reaching $780.61. 859,241 shares of the company were exchanged, compared to its average volume of 7,827,722. The company has a fifty day moving average of $771.87 and a 200 day moving average of $744.21. iShares Core S&P 500 ETF has a 12 month low of $632.14 and a 12 month high of $785.03. The stock has a market cap of $894.97 billion, a PE ratio of 25.10 and a beta of 1.00.

Key iShares Core S&P 500 ETF News

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

• Positive Sentiment: The S&P 500’s bull market has reached its fourth anniversary, with the index more than doubling from its October 2022 low. The sustained advance supports IVV’s long-term performance and reflects continued investor demand for U.S. large-cap equities. S&P 500 Bull Market Turns 4
• Positive Sentiment: Potential support for the index this week includes third-quarter earnings, cooling energy prices and historically favorable October trading patterns. Strong results from major banks and other large companies could provide another catalyst for IVV. Stock Market: Will S&P 500 Open Up or Down Today?

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.