Investment Advisory Services Group LLC Purchases 2,685 Shares of iShares Core S&P 500 ETF $IVV

Investment Advisory Services Group LLC raised its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.3% in the first quarter, Holdings Channel reports. The institutional investor owned 39,572 shares of the company’s stock after purchasing an additional 2,685 shares during the period. iShares Core S&P 500 ETF accounts for about 22.5% of Investment Advisory Services Group LLC’s portfolio, making the stock its largest position. Investment Advisory Services Group LLC’s holdings in iShares Core S&P 500 ETF were worth $25,849,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of IVV. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Core S&P 500 ETF by 1.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock valued at $23,176,806,000 after purchasing an additional 409,816 shares in the last quarter. Marshall Wace LLP boosted its position in iShares Core S&P 500 ETF by 17.9% during the fourth quarter. Marshall Wace LLP now owns 32,452,900 shares of the company’s stock worth $22,228,289,000 after purchasing an additional 4,928,585 shares in the last quarter. Creative Planning grew its holdings in iShares Core S&P 500 ETF by 2.3% in the third quarter. Creative Planning now owns 22,735,267 shares of the company’s stock valued at $15,216,714,000 after purchasing an additional 505,293 shares during the period. Bank of America Corp DE grew its holdings in iShares Core S&P 500 ETF by 27.7% in the fourth quarter. Bank of America Corp DE now owns 21,696,475 shares of the company’s stock valued at $14,860,784,000 after purchasing an additional 4,709,612 shares during the period. Finally, Corient Private Wealth LLC increased its position 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 company’s stock valued at $11,935,288,000 after buying an additional 13,946,081 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $751.08 on Wednesday. The company has a market cap of $887.85 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock has a 50 day simple moving average of $743.93 and a 200-day simple moving average of $705.75. iShares Core S&P 500 ETF has a 1-year low of $621.05 and a 1-year high of $764.00.

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: Several Wall Street strategists remain constructive on U.S. stocks, with Ed Yardeni reiterating an S&P 500 target of 8,250 by year-end and other commentators saying the index still has room to climb as earnings hold up. Article Title
• Positive Sentiment: Recent commentary also points to favorable earnings growth expectations, reasonable valuations, and the S&P 500’s strong recent run as support for continued upside in broad-market ETFs like IVV. Article Title
• Positive Sentiment: Some analysis says the S&P 500 has more upside left this year, citing technical strength and the possibility that broad index gains can continue even after a recent pullback in large-cap leaders. Article Title
• Neutral Sentiment: The S&P 500 recently had its best week in two months, showing underlying momentum that can help support IVV, though this is partly offset by broader market rotation. Article Title
• Negative Sentiment: Short-term pressure is coming from a chip selloff and renewed AI bubble worries, which dragged the Nasdaq and S&P 500 lower as investors rotated out of tech and into defensive sectors. Article Title
• Negative Sentiment: Bank of America strategist Savita Subramanian warned that the market may face risks ahead and questioned continued enthusiasm for Magnificent Seven and other megacap tech names, which could weigh on index-level performance. Article Title

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.