iShares Core S&P 500 ETF $IVV Shares Newly Acquired by Sacks & Associates LLC

Sacks & Associates LLC bought a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm bought 1,852 shares of the ETF’s stock, valued at approximately $1,418,000. iShares Core S&P 500 ETF makes up approximately 1.0% of Sacks & Associates LLC’s investment portfolio, making the stock its 27th biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Adirondack Capital Advisors LLC increased its holdings in shares of iShares Core S&P 500 ETF by 2.3% in the third quarter. Adirondack Capital Advisors LLC now owns 64,099 shares of the ETF’s stock valued at $49,090,000 after purchasing an additional 1,429 shares during the last quarter. Montz Harcus Wealth Management LLC boosted its stake in iShares Core S&P 500 ETF by 42.0% during the third quarter. Montz Harcus Wealth Management LLC now owns 2,379 shares of the ETF’s stock worth $1,822,000 after buying an additional 704 shares during the last quarter. RTD Financial Advisors Inc. grew its holdings in iShares Core S&P 500 ETF by 0.9% in the 3rd quarter. RTD Financial Advisors Inc. now owns 153,036 shares of the ETF’s stock valued at $117,203,000 after buying an additional 1,298 shares in the last quarter. Taylor & Morgan Wealth Management LLC grew its holdings in iShares Core S&P 500 ETF by 3.2% in the 3rd quarter. Taylor & Morgan Wealth Management LLC now owns 29,947 shares of the ETF’s stock valued at $22,935,000 after buying an additional 936 shares in the last quarter. Finally, Armstrong Advisory Group Inc. increased its stake in shares of iShares Core S&P 500 ETF by 4.9% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 319,321 shares of the ETF’s stock worth $244,552,000 after acquiring an additional 14,982 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting iShares Core S&P 500 ETF

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

• Positive Sentiment: Market optimism remains supportive: the S&P 500 reached new highs ahead of the fourth anniversary of its bull market, and one strategist believes the rally could continue. Strength across the index is directly beneficial to IVV, which tracks the S&P 500. S&P 500 Hits New Highs Ahead of Four-Year Bull Market Anniversary
• Positive Sentiment: A bullish forecast calls for the S&P 500 to reach 10,000 in 2027, citing a relatively attractive PEG ratio and historically favorable seasonal conditions. If realized, the outlook implies additional upside for IVV. Prediction: The S&P 500 Will Hit 10,000 in 2027
• Positive Sentiment: Historical analysis suggests October and the period following new market highs can still produce gains, reinforcing the constructive sentiment surrounding broad-market ETFs such as IVV. The S&P 500 Just Reached a New Record

iShares Core S&P 500 ETF Stock Up 0.6%

NYSEARCA IVV opened at $781.97 on Friday. iShares Core S&P 500 ETF has a 52 week low of $632.14 and a 52 week high of $785.03. The business’s fifty day simple moving average is $771.46 and its 200-day simple moving average is $742.73. The firm has a market cap of $898.80 billion, a PE ratio of 25.10 and a beta of 1.00.

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.