Wharton Business Group LLC Has $77.92 Million Holdings in iShares Core S&P 500 ETF $IVV

Wharton Business Group LLC raised its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 113,759 shares of the company’s stock after buying an additional 1,160 shares during the period. iShares Core S&P 500 ETF accounts for about 3.0% of Wharton Business Group LLC’s investment portfolio, making the stock its 11th biggest position. Wharton Business Group LLC’s holdings in iShares Core S&P 500 ETF were worth $77,918,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mandatum Life Insurance Co Ltd boosted its position in iShares Core S&P 500 ETF by 4.1% in the fourth quarter. Mandatum Life Insurance Co Ltd now owns 245,868 shares of the company’s stock valued at $168,405,000 after buying an additional 9,671 shares in the last quarter. Curtis Wealth Management LLC acquired a new position in iShares Core S&P 500 ETF in the fourth quarter valued at about $4,369,000. Wealthgarden F.S. LLC boosted its position in iShares Core S&P 500 ETF by 0.3% in the fourth quarter. Wealthgarden F.S. LLC now owns 5,904 shares of the company’s stock valued at $4,109,000 after buying an additional 15 shares in the last quarter. Arsenal Capital Advisors LLC acquired a new position in iShares Core S&P 500 ETF in the fourth quarter valued at about $2,559,000. Finally, Petersen Hastings Wealth Advisors Inc. acquired a new position in iShares Core S&P 500 ETF in the fourth quarter valued at about $4,860,000. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF News Summary

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

• Positive Sentiment: Broad-market S&P 500 ETFs continue to attract major inflows, with large-cap core funds like Vanguard’s VOO pulling in billions in May; that supports demand for passive S&P 500 exposure and can be constructive for IVV.
• Neutral Sentiment: Marvell Technology is being added to the S&P 500, replacing Pool and Campbell’s. While this is important for index rebalancing, it is mainly a constituent change and not a direct fundamental driver for IVV. Article Title
• Neutral Sentiment: S&P Dow Jones Indices decided not to loosen eligibility rules for early inclusion, after speculation about possible changes tied to companies like SpaceX. That keeps the index methodology unchanged, which is more of a background factor for IVV. Article Title
• Negative Sentiment: Market commentary says the S&P 500 rally has cooled, with the index giving back earlier gains and putting its winning streak at risk. That signals weaker near-term sentiment for IVV. Article Title
• Negative Sentiment: Analysts are warning that rising turbulence in individual stocks could translate into broader downside risk for the S&P 500, which could weigh on IVV if volatility picks up further. Article Title
• Negative Sentiment: Several headlines suggest the tech rally may be losing momentum, which matters because the S&P 500 has been supported by a handful of large technology names. A cooling tech sector can pressure IVV. Article Title

iShares Core S&P 500 ETF Stock Down 2.6%

NYSEARCA:IVV opened at $740.91 on Friday. The firm has a market cap of $818.15 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $594.71 and a 12 month high of $764.00. The company’s 50-day moving average price is $716.06 and its two-hundred day moving average price is $695.56.

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.