Csenge Advisory Group lifted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 6.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 34,177 shares of the ETF’s stock after purchasing an additional 2,038 shares during the period. iShares Core S&P 500 ETF comprises 1.0% of Csenge Advisory Group’s holdings, making the stock its 19th biggest position. Csenge Advisory Group’s holdings in iShares Core S&P 500 ETF were worth $26,174,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Diversify Advisory Services LLC raised its holdings in iShares Core S&P 500 ETF by 28.7% in the third quarter. Diversify Advisory Services LLC now owns 165,212 shares of the ETF’s stock worth $128,066,000 after purchasing an additional 36,853 shares in the last quarter. Blalock Williams LLC lifted its position in shares of iShares Core S&P 500 ETF by 74.9% during the second quarter. Blalock Williams LLC now owns 16,650 shares of the ETF’s stock valued at $12,469,000 after buying an additional 7,130 shares during the last quarter. Elevated Financial Group LLC lifted its position in shares of iShares Core S&P 500 ETF by 27.7% during the third quarter. Elevated Financial Group LLC now owns 75,609 shares of the ETF’s stock valued at $57,905,000 after buying an additional 16,379 shares during the last quarter. Prairie Advisory LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 123.1% in the 3rd quarter. Prairie Advisory LLC now owns 16,558 shares of the ETF’s stock valued at $12,681,000 after buying an additional 9,135 shares in the last quarter. Finally, Farmers & Merchants Investments Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 0.5% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 392,437 shares of the ETF’s stock valued at $300,548,000 after buying an additional 1,848 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors.
iShares Core S&P 500 ETF Stock Down 0.4%
Shares of iShares Core S&P 500 ETF stock opened at $753.37 on Wednesday. The firm’s 50 day moving average price is $768.33 and its 200-day moving average price is $733.94. iShares Core S&P 500 ETF has a 52-week low of $632.14 and a 52-week high of $785.03. The company has a market cap of $869.65 billion, a P/E ratio of 25.10 and a beta of 1.00.
iShares Core S&P 500 ETF News Roundup
Here are the key news stories impacting iShares Core S&P 500 ETF this week:
- Positive Sentiment: U.S. stock futures rose as lower oil prices lifted market sentiment, while dip-buying in technology shares had recently helped U.S. stocks rebound. These developments could support IVV if the recovery continues. Reuters: S&P 500, Dow futures climb as oil slide lifts sentiment Risk-On: S&P 500 Surges Out of the Gate
- Neutral Sentiment: IVV’s reported holdings activity included additions of Apple and Nvidia. This reflects changes in the ETF’s index-linked portfolio, but the reports do not indicate a separate active investment decision or a clear directional signal for the fund. IVV Adds Apple and Nvidia on Nov. 6
- Neutral Sentiment: Altiora Financial Group disclosed that it cut its IVV position by about half. This was one firm’s portfolio decision and does not, on its own, establish a broader change in investor demand. Altiora Financial Group decreased its IVV position
- Negative Sentiment: The S&P 500’s early-November decline was its third-weakest start to the month since 1950. Historical comparisons offer no strong reassurance: after the eight weakest starts, the index finished the following April higher only four times. Weak November starts and what followed
- Negative Sentiment: Commentary highlights continued market declines and the risk that high technology valuations could weigh on the S&P 500. IVV’s broad exposure does not eliminate that risk, particularly given the index’s substantial technology weighting. Is the S&P 500 Heading for a Correction?
About iShares Core S&P 500 ETF
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.
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