iShares Core S&P 500 ETF $IVV Shares Purchased by Silver Grove Financial Group Inc.

Silver Grove Financial Group Inc. grew its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 115.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,715 shares of the ETF’s stock after buying an additional 4,127 shares during the period. iShares Core S&P 500 ETF makes up 2.7% of Silver Grove Financial Group Inc.’s portfolio, making the stock its 6th biggest position. Silver Grove Financial Group Inc.’s holdings in iShares Core S&P 500 ETF were worth $5,908,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of IVV. Oak Barrel Wealth Advisory LLC raised its stake in iShares Core S&P 500 ETF by 0.8% during the 3rd quarter. Oak Barrel Wealth Advisory LLC now owns 34,796 shares of the ETF’s stock worth $26,649,000 after buying an additional 293 shares during the period. Brooklyn FI LLC grew its stake in iShares Core S&P 500 ETF by 34.6% in the third quarter. Brooklyn FI LLC now owns 2,451 shares of the ETF’s stock valued at $1,888,000 after acquiring an additional 630 shares during the period. Confluence Wealth Services Inc. grew its stake in iShares Core S&P 500 ETF by 2.5% in the third quarter. Confluence Wealth Services Inc. now owns 12,733 shares of the ETF’s stock valued at $9,751,000 after acquiring an additional 315 shares during the period. Moneco Advisors LLC grew its stake in iShares Core S&P 500 ETF by 2.1% in the third quarter. Moneco Advisors LLC now owns 4,879 shares of the ETF’s stock valued at $3,736,000 after acquiring an additional 100 shares during the period. Finally, Mesirow Financial Investment Management Inc. increased its holdings in shares of iShares Core S&P 500 ETF by 0.6% in the third quarter. Mesirow Financial Investment Management Inc. now owns 248,427 shares of the ETF’s stock worth $190,295,000 after acquiring an additional 1,450 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $753.37 on Wednesday. iShares Core S&P 500 ETF has a 1 year low of $632.14 and a 1 year high of $785.03. The business has a 50-day moving average of $768.33 and a two-hundred day moving average of $733.94. The company has a market capitalization of $869.65 billion, a P/E ratio of 25.10 and a beta of 1.00.

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: U.S. stock futures rose as lower oil prices lifted market sentiment, while dip-buying in technology shares had recently helped U.S. stocks rebound. These developments could support IVV if the recovery continues. Reuters: S&P 500, Dow futures climb as oil slide lifts sentiment Risk-On: S&P 500 Surges Out of the Gate
• Neutral Sentiment: IVV’s reported holdings activity included additions of Apple and Nvidia. This reflects changes in the ETF’s index-linked portfolio, but the reports do not indicate a separate active investment decision or a clear directional signal for the fund. IVV Adds Apple and Nvidia on Nov. 6
• Neutral Sentiment: Altiora Financial Group disclosed that it cut its IVV position by about half. This was one firm’s portfolio decision and does not, on its own, establish a broader change in investor demand. Altiora Financial Group decreased its IVV position
• Negative Sentiment: The S&P 500’s early-November decline was its third-weakest start to the month since 1950. Historical comparisons offer no strong reassurance: after the eight weakest starts, the index finished the following April higher only four times. Weak November starts and what followed
• Negative Sentiment: Commentary highlights continued market declines and the risk that high technology valuations could weigh on the S&P 500. IVV’s broad exposure does not eliminate that risk, particularly given the index’s substantial technology weighting. Is the S&P 500 Heading for a Correction?

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.