iShares Core S&P 500 ETF $IVV is National Wealth Management Group LLC’s 2nd Largest Position

National Wealth Management Group LLC cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 7.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,083 shares of the company’s stock after selling 1,202 shares during the period. iShares Core S&P 500 ETF comprises about 3.8% of National Wealth Management Group LLC’s investment portfolio, making the stock its 2nd largest position. National Wealth Management Group LLC’s holdings in iShares Core S&P 500 ETF were worth $11,016,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in IVV. Heck Capital Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter valued at approximately $331,591,000. Bison Wealth LLC grew its stake in iShares Core S&P 500 ETF by 24.0% in the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock worth $4,591,000 after purchasing an additional 1,511 shares in the last quarter. Schnieders Capital Management LLC. grew its stake in iShares Core S&P 500 ETF by 0.8% in the second quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock worth $3,512,000 after purchasing an additional 45 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in iShares Core S&P 500 ETF by 13.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 11,156 shares of the company’s stock worth $6,927,000 after purchasing an additional 1,284 shares during the period. Finally, Fortress Financial Solutions LLC increased its holdings in iShares Core S&P 500 ETF by 13.0% during the 2nd quarter. Fortress Financial Solutions LLC now owns 8,668 shares of the company’s stock worth $5,382,000 after purchasing an additional 999 shares during the period. Hedge funds and other institutional investors own 70.12% of the company’s stock.

More iShares Core S&P 500 ETF News

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

• Positive Sentiment: Technical/breadth indicators point to a possible countertrend rally that could limit further downside for the S&P 500 and support IVV if it re-accelerates. Read More.
• Positive Sentiment: Earlier optimism about Iran ceasefire prospects lifted US indices; any return of that optimism would help IVV recover some losses. Read More.
• Neutral Sentiment: Idiosyncratic trading (e.g., Best Buy jumping on GameStop acquisition rumors) can cause rotation within the index but is unlikely to move IVV materially on its own. Read More.
• Neutral Sentiment: Longer-term themes such as dividend-selection interest exist, but they are less likely to change IVV’s near-term direction because IVV tracks the broad market rather than high-yield subsets. Read More.
• Negative Sentiment: Geopolitical escalation and a near-term Trump deadline for strikes on Iran’s energy infrastructure have pushed oil higher and futures lower, a direct risk-off catalyst weighing on the S&P 500 and IVV. Read More.
• Negative Sentiment: Micron’s slide into a bear market and sharp P/E compression highlights renewed selling in semiconductor/tech names, which makes up a large share of IVV and contributes to its weakness. Read More.
• Negative Sentiment: Macro commentary arguing the AI-driven run may be peaking adds to negative sentiment for growth and software sectors, pressuring index-level returns. Read More.

iShares Core S&P 500 ETF Stock Down 1.8%

Shares of NYSEARCA IVV opened at $648.01 on Friday. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $700.97. The firm has a market cap of $712.29 billion, a PE ratio of 25.10 and a beta of 1.00. The business has a fifty day simple moving average of $683.41 and a two-hundred day simple moving average of $679.81.

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.