iShares Core S&P 500 ETF $IVV is Braeburn Wealth Management LLC’s 3rd Largest Position

Braeburn Wealth Management LLC boosted its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 31.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 31,112 shares of the ETF’s stock after purchasing an additional 7,500 shares during the quarter. iShares Core S&P 500 ETF comprises about 10.0% of Braeburn Wealth Management LLC’s holdings, making the stock its 3rd largest position. Braeburn Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $23,298,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Keenan LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $26,000. Punch & Associates Investment Management Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 50.0% during the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after buying an additional 14 shares during the period. Decker Retirement Planning Inc. acquired a new stake in iShares Core S&P 500 ETF during the fourth quarter worth approximately $29,000. GS Investments Inc. boosted its position in iShares Core S&P 500 ETF by 83.3% during the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after acquiring an additional 20 shares during the last quarter. Finally, Allied Private Wealth LLC purchased a new stake in iShares Core S&P 500 ETF in the 2nd quarter worth approximately $33,000. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

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: Cooling inflation supports stocks: A benign PPI reading eased interest-rate concerns and improved investor sentiment, raising expectations that the Federal Reserve may have more flexibility on future policy. S&P 500 Hits New Record High Following PPI Data
• Positive Sentiment: Record index performance and technology strength: The S&P 500 closed at a new high as falling oil prices, easing inflation fears and continued technology-sector gains encouraged risk-taking. This is the most direct support for IVV. Dow rises as S&P 500 closes at record high
• Positive Sentiment: Potential index breakout: Technical analysts see bullish flag formations and possible breakouts in the S&P 500 and Nasdaq, suggesting momentum could continue if geopolitical risks do not intensify. US Indices Forecast
• Positive Sentiment: Tariff refunds may aid constituents: More than 40 S&P 500 companies reported approximately $9.6 billion in tariff refunds, with $2.1 billion already received. These cash benefits could modestly support earnings and liquidity for affected holdings. S&P 500 Companies Claim Tariff Refunds
• Neutral Sentiment: Index reshuffling: Reddit will enter the S&P 500 on August 18, replacing AvalonBay Communities. The change may create short-term rebalancing flows, but its effect on IVV should be limited because Reddit represents a small portion of the index. Reddit shares jump on S&P 500 inclusion
• Negative Sentiment: Geopolitical and policy risks remain: Renewed Middle East tensions and uncertainty ahead of the weekend are limiting gains, while upcoming economic data could renew questions about the Fed’s interest-rate path. S&P 500 edges higher as earnings offset tensions

iShares Core S&P 500 ETF Stock Performance

Shares of IVV opened at $780.04 on Friday. The stock has a fifty day moving average of $752.14 and a two-hundred day moving average of $718.81. The company has a market capitalization of $906.06 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $632.14 and a fifty-two week high of $783.09.

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.