Midwest Trust Co increased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 7.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 97,229 shares of the company’s stock after purchasing an additional 6,548 shares during the quarter. iShares Core S&P 500 ETF accounts for about 0.8% of Midwest Trust Co’s holdings, making the stock its 28th largest holding. Midwest Trust Co’s holdings in iShares Core S&P 500 ETF were worth $66,596,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Decker Retirement Planning Inc. acquired a new position in shares of iShares Core S&P 500 ETF during the 4th quarter worth approximately $29,000. Palouse Capital Management Inc. acquired a new stake in iShares Core S&P 500 ETF in the 4th quarter valued at $38,000. Imprint Wealth LLC acquired a new stake in iShares Core S&P 500 ETF in the 3rd quarter valued at $39,000. Dorato Capital Management purchased a new stake in iShares Core S&P 500 ETF in the 4th quarter worth $55,000. Finally, EQ Wealth Advisors LLC acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth $55,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.
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: RBC Capital Markets raised its year-end S&P 500 target to 7,900, citing resilient earnings growth and strong AI-related demand, which supports further upside for IVV. RBC lifts S&P 500 year-end target to 7,900 on AI optimism
- Positive Sentiment: Another RBC note argued that big tech and a “two-speed” economy could help drive the benchmark roughly 10% higher over the next year, reinforcing a bullish backdrop for S&P 500 exposure. RBC Boosts S&P 500 Price Target. Big Tech Can Drive a 10% Gain.
- Positive Sentiment: Markets continued to notch record highs this week, with the S&P 500 extending its rally despite geopolitical uncertainty, which should help sentiment toward IVV. Nasdaq, S&P 500 Enjoy Another Record-Breaking Week
- Positive Sentiment: Additional commentary said the S&P 500’s rally is being supported by a strong earnings season, a key driver that can keep passive index funds like IVV elevated. Why the S&P 500 Is Heading to 8000
- Neutral Sentiment: State Street’s ETF outlook said IVV could benefit from heavy U.S. ETF inflows this year, although this is more of a structural tailwind than an immediate catalyst. If the 10-Year Treasury Crosses 4.6%, Here’s What Happens to VOO and IVV
- Neutral Sentiment: Some traders are buying S&P 500 downside protection as part of a hedge trade, suggesting investors are still willing to pay for insurance even as the index rallies. This ‘win-win’ hedge trade is getting popular with traders
- Negative Sentiment: Some technical analysts warned the rally may be getting stretched, with breadth divergence and reversal signals pointing to possible late-stage exhaustion, which could pressure IVV if momentum fades. Elliott Wave and Market Breadth Align on Late-Stage Rally Risk for the S&P 500
iShares Core S&P 500 ETF Stock Up 0.8%
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.
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