iShares Core S&P 500 ETF $IVV Stock: ZWJ Investment Counsel Inc. Grows Holdings

ZWJ Investment Counsel Inc. raised its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 71.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,474 shares of the ETF’s stock after acquiring an additional 4,367 shares during the quarter. ZWJ Investment Counsel Inc.’s holdings in iShares Core S&P 500 ETF were worth $8,022,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of IVV. Citrine Capital LLC lifted its stake in shares of iShares Core S&P 500 ETF by 2.8% in the 3rd quarter. Citrine Capital LLC now owns 474 shares of the ETF’s stock valued at $363,000 after purchasing an additional 13 shares during the last quarter. Punch & Associates Investment Management Inc. boosted its holdings in iShares Core S&P 500 ETF by 50.0% in the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after purchasing an additional 14 shares in the last quarter. Hidden Cove Wealth Management LLC increased its position in iShares Core S&P 500 ETF by 3.5% during the second quarter. Hidden Cove Wealth Management LLC now owns 409 shares of the ETF’s stock worth $306,000 after buying an additional 14 shares during the last quarter. Matthew Goff Investment Advisor LLC increased its position in iShares Core S&P 500 ETF by 2.6% during the first quarter. Matthew Goff Investment Advisor LLC now owns 590 shares of the ETF’s stock worth $386,000 after buying an additional 15 shares during the last quarter. Finally, Richards Merrill & Peterson Inc. raised its holdings in iShares Core S&P 500 ETF by 2.8% during the first quarter. Richards Merrill & Peterson Inc. now owns 556 shares of the ETF’s stock valued at $363,000 after buying an additional 15 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $775.16 on Friday. The stock has a market capitalization of $888.72 billion, a P/E ratio of 25.10 and a beta of 1.00. The business has a 50-day moving average of $772.06 and a two-hundred day moving average of $746.92. iShares Core S&P 500 ETF has a fifty-two week low of $632.14 and a fifty-two week high of $785.03.

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: Upbeat earnings expectations, positive analyst estimate revisions and forecasts for strong holiday spending are supporting S&P 500 ETFs despite rate concerns. S&P 500 ETFs Defy Rate Worries as Earnings Outlook Strengthens
• Positive Sentiment: Strategists say the S&P 500 could reach 8,000 or 8,100 if third-quarter earnings are exceptionally strong and currently lagging sectors begin participating in the rally. That would benefit IVV’s diversified holdings. S&P 500’s march to 8,000 hinges on very strong third quarter Citi Says the S&P 500 Hits 8,100
• Neutral Sentiment: The market remains near record levels, but technology stocks represent an unusually large share of the S&P 500. Analysts argue that broader participation outside technology may be needed to sustain further gains. Tech Stocks Have Taken Over the S&P 500
• Negative Sentiment: Hot producer- and consumer-price data are keeping Federal Reserve and interest-rate risks in focus. Higher Treasury yields have pressured technology and semiconductor shares, which are important components of IVV. Hot PPI Tests Stock Rebound Hot CPI Puts Long-Term Yields Back in Control
• Negative Sentiment: Several reports warn that AI-driven earnings growth is concentrated in technology and energy, while 84% of S&P 500 constituents are in correction territory. That divergence raises the risk of a broader pullback despite the index’s strong headline performance. 84% of S&P 500 Stocks Are in Correction Territory

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.