WealthPlan Investment Management LLC Buys 3,534 Shares of iShares Core S&P 500 ETF $IVV

WealthPlan Investment Management LLC grew its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.4% during the third quarter, Holdings Channel reports. The firm owned 152,835 shares of the ETF’s stock after purchasing an additional 3,534 shares during the period. iShares Core S&P 500 ETF makes up approximately 5.5% of WealthPlan Investment Management LLC’s portfolio, making the stock its largest position. WealthPlan Investment Management LLC’s holdings in iShares Core S&P 500 ETF were worth $117,049,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Corient Private Wealth LLC raised its position in iShares Core S&P 500 ETF by 400.8% in the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock valued at $11,935,288,000 after buying an additional 13,946,081 shares during the last quarter. Capula Management Ltd lifted its stake in iShares Core S&P 500 ETF by 1,374.6% during the 1st quarter. Capula Management Ltd now owns 9,094,984 shares of the ETF’s stock valued at $5,940,934,000 after acquiring an additional 8,478,226 shares in the last quarter. Envestnet Asset Management Inc. lifted 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 acquiring an additional 8,432,228 shares in the last quarter. Millennium Management LLC boosted its holdings in iShares Core S&P 500 ETF by 93.3% during the 4th quarter. Millennium Management LLC now owns 14,494,278 shares of the ETF’s stock worth $9,927,711,000 after acquiring an additional 6,995,145 shares during the last quarter. Finally, Allianz Asset Management GmbH boosted its holdings in iShares Core S&P 500 ETF by 386.5% during the 2nd quarter. Allianz Asset Management GmbH now owns 4,777,691 shares of the ETF’s stock worth $3,577,965,000 after acquiring an additional 3,795,730 shares during the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

IVV opened at $775.16 on Friday. iShares Core S&P 500 ETF has a 1 year low of $632.14 and a 1 year high of $785.03. The company has a market capitalization of $888.72 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The firm’s fifty day moving average price is $772.06 and its two-hundred day moving average price is $746.92.

iShares Core S&P 500 ETF News Summary

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

About iShares Core S&P 500 ETF

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.