Financial Counselors Inc. increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 432.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 77,995 shares of the company’s stock after acquiring an additional 63,352 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 74.1% of Financial Counselors Inc.’s holdings, making the stock its largest holding. Financial Counselors Inc.’s holdings in iShares Core S&P 500 ETF were worth $53,422,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Decker Retirement Planning Inc. bought a new position in iShares Core S&P 500 ETF during the fourth quarter worth $29,000. Palouse Capital Management Inc. bought a new position in iShares Core S&P 500 ETF during the fourth quarter worth $38,000. Imprint Wealth LLC bought a new position in iShares Core S&P 500 ETF during the third quarter worth $39,000. Dorato Capital Management bought a new position in iShares Core S&P 500 ETF during the fourth quarter worth $55,000. Finally, EQ Wealth Advisors LLC bought a new position in iShares Core S&P 500 ETF during the fourth quarter worth $55,000. Institutional investors own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Trading Up 0.8%
Shares of IVV stock opened at $740.97 on Friday. iShares Core S&P 500 ETF has a 1 year low of $565.48 and a 1 year high of $741.50. The firm’s fifty day simple moving average is $684.53 and its 200 day simple moving average is $685.48. The firm has a market capitalization of $818.22 billion, a P/E ratio of 25.10 and a beta of 1.00.
iShares Core S&P 500 ETF News Roundup
- 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 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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