iShares Core S&P 500 ETF $IVV Stock Sold by Courier Capital LLC

Courier Capital LLC lowered its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 99.4% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 764 shares of the ETF’s stock after selling 116,976 shares during the period. Courier Capital LLC’s holdings in iShares Core S&P 500 ETF were worth $585,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Corient Private Wealth LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 400.8% in the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock valued at $11,935,288,000 after purchasing an additional 13,946,081 shares in the last quarter. Capula Management Ltd boosted its position in shares of iShares Core S&P 500 ETF by 1,374.6% during the first quarter. Capula Management Ltd now owns 9,094,984 shares of the ETF’s stock valued at $5,940,934,000 after buying an additional 8,478,226 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in iShares Core S&P 500 ETF by 25.6% during the second quarter. Envestnet Asset Management Inc. now owns 41,391,871 shares of the ETF’s stock worth $30,997,946,000 after buying an additional 8,432,228 shares in the last quarter. Millennium Management LLC grew its holdings in iShares Core S&P 500 ETF by 93.3% during the fourth quarter. Millennium Management LLC now owns 14,494,278 shares of the ETF’s stock worth $9,927,711,000 after buying an additional 6,995,145 shares in the last quarter. Finally, Allianz Asset Management GmbH grew its holdings in iShares Core S&P 500 ETF by 386.5% during the second quarter. Allianz Asset Management GmbH now owns 4,777,691 shares of the ETF’s stock worth $3,577,965,000 after buying an additional 3,795,730 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.0%

NYSEARCA IVV traded up $0.10 on Tuesday, reaching $781.54. The company had a trading volume of 3,963,406 shares, compared to its average volume of 7,843,915. The stock has a market capitalization of $896.04 billion, a P/E ratio of 25.10 and a beta of 1.00. The company’s fifty day moving average is $771.87 and its 200 day moving average is $744.21. iShares Core S&P 500 ETF has a 52-week low of $632.14 and a 52-week high of $785.03.

Trending Headlines about iShares Core S&P 500 ETF

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 entered its fourth year and has more than doubled from its October 2022 low. The sustained gains support demand for index-tracking funds such as IVV, although the rally’s durability now depends on earnings growth. S&P 500 Bull Market Turns 4
• Positive Sentiment: Cooling energy prices and expectations for third-quarter bank earnings have helped support a constructive start to the week. Strong bank results could broaden the rally and provide additional support for IVV. Stock Market: Will S&P 500 Open Up or Down Today?
• Neutral Sentiment: Investors are watching bond yields, the upcoming earnings season and U.S. inflation data. These events could determine whether the index pushes beyond its recent record or pauses, making them important near-term catalysts for IVV. Top 3 Catalysts for the S&P 500 Index This Week
• Neutral Sentiment: Strategists are discussing whether the S&P 500 can reach 8,100, but note that both market segments need to participate. This highlights the need for broader earnings strength beyond the largest technology companies. Citi Strategist on an 8,100 S&P 500
• Negative Sentiment: Index futures were muted as weakness in chip stocks offset anticipation of major-bank earnings, limiting immediate upside for IVV. S&P 500 Futures Muted as Investors Await Bank Earnings
• Negative Sentiment: Four in 10 S&P 500 constituents are reportedly down for the year, showing that the rally is narrow and heavily dependent on a small group of companies. Concentration raises volatility and downside risk for IVV if mega-cap leaders weaken. Wall Street’s Big but Narrow Rally

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.