iShares Core S&P 500 ETF $IVV Stock Bought by Adirondack Capital Advisors LLC

Adirondack Capital Advisors LLC grew its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.3% in the 3rd quarter, Holdings Channel reports. The firm owned 64,099 shares of the ETF’s stock after acquiring an additional 1,429 shares during the quarter. iShares Core S&P 500 ETF accounts for about 25.5% of Adirondack Capital Advisors LLC’s portfolio, making the stock its largest holding. Adirondack Capital Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $49,090,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. increased its stake in iShares Core S&P 500 ETF by 25.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 41,391,871 shares of the ETF’s stock valued at $30,997,946,000 after purchasing an additional 8,432,228 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Core S&P 500 ETF by 1.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 35,018,846 shares of the ETF’s stock valued at $26,225,264,000 after purchasing an additional 421,146 shares during the last quarter. Corient Private Wealth LLC raised its position in iShares Core S&P 500 ETF by 400.8% in the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock worth $11,935,288,000 after acquiring an additional 13,946,081 shares during the period. Millennium Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 93.3% in the fourth quarter. Millennium Management LLC now owns 14,494,278 shares of the ETF’s stock valued at $9,927,711,000 after buying an additional 6,995,145 shares during the period. Finally, Squarepoint Ops LLC grew its stake in shares of iShares Core S&P 500 ETF by 27.2% during the 4th quarter. Squarepoint Ops LLC now owns 10,478,051 shares of the ETF’s stock worth $7,176,836,000 after acquiring an additional 2,241,167 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.6%

Shares of NYSEARCA IVV opened at $781.97 on Friday. The business has a 50-day simple moving average of $771.46 and a two-hundred day simple moving average of $742.73. The company has a market cap of $898.80 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52 week low of $632.14 and a 52 week high of $785.03.

Trending Headlines about 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 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.