Legacy Wealth Managment LLC ID Reduces Holdings in iShares Core S&P 500 ETF $IVV

Legacy Wealth Managment LLC ID lowered its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 34.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,460 shares of the company’s stock after selling 769 shares during the period. Legacy Wealth Managment LLC ID’s holdings in iShares Core S&P 500 ETF were worth $1,000,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Decker Retirement Planning Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $29,000. Palouse Capital Management Inc. acquired a new position in iShares Core S&P 500 ETF during the 4th quarter worth about $38,000. Imprint Wealth LLC acquired a new position in iShares Core S&P 500 ETF during the 3rd quarter worth about $39,000. Dorato Capital Management purchased a new stake in iShares Core S&P 500 ETF during the 4th quarter worth about $55,000. Finally, EQ Wealth Advisors LLC purchased a new stake in iShares Core S&P 500 ETF during the 4th quarter worth about $55,000. 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 $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 company has a market cap of $818.22 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock’s 50-day moving average is $684.53 and its two-hundred day moving average is $685.48.

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: 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

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.