iShares Core S&P 500 ETF $IVV Shares Acquired by Lee Kelleher & Klein Wealth Management

Lee Kelleher & Klein Wealth Management increased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 50,890 shares of the ETF’s stock after buying an additional 1,590 shares during the period. iShares Core S&P 500 ETF accounts for about 21.2% of Lee Kelleher & Klein Wealth Management’s holdings, making the stock its largest holding. Lee Kelleher & Klein Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $38,974,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVV. Punch & Associates Investment Management Inc. increased its stake in iShares Core S&P 500 ETF by 50.0% during the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after acquiring an additional 14 shares during the last quarter. Hidden Cove Wealth Management LLC lifted its stake in shares of iShares Core S&P 500 ETF by 3.5% in the 2nd quarter. Hidden Cove Wealth Management LLC now owns 409 shares of the ETF’s stock valued at $306,000 after purchasing an additional 14 shares in the last quarter. Matthew Goff Investment Advisor LLC lifted its stake in shares of iShares Core S&P 500 ETF by 2.6% in the 1st quarter. Matthew Goff Investment Advisor LLC now owns 590 shares of the ETF’s stock valued at $386,000 after purchasing an additional 15 shares in the last quarter. Richards Merrill & Peterson Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 2.8% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 556 shares of the ETF’s stock worth $363,000 after purchasing an additional 15 shares during the period. Finally, Sharp Wealth Advisory LLC grew its holdings in shares of iShares Core S&P 500 ETF by 1.3% during the 1st quarter. Sharp Wealth Advisory LLC now owns 1,159 shares of the ETF’s stock worth $757,000 after purchasing an additional 15 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

Trending Headlines about iShares Core S&P 500 ETF

Here are the key news stories impacting iShares Core S&P 500 ETF this week:

• Positive Sentiment: Investor optimism remains supported by the S&P 500 reaching record highs, with one market strategist arguing that the current bull market still has room to run. S&P 500 Hits New Highs Ahead of Four-Year Bull Market Anniversary
• Positive Sentiment: Strong earnings forecasts are a key support for IVV: analysts expect roughly 30% year-over-year S&P 500 earnings growth in the third quarter, while Deutsche Bank projects growth as high as 34%, citing persistent AI demand and a cyclical recovery. Here comes third-quarter earnings season Deutsche Bank sees S&P 500 earnings growth holding at record in Q3
• Positive Sentiment: A bullish forecast calls for the S&P 500 to reach 10,000 in 2027, based on improving valuation metrics and historically favorable seasonal conditions. Prediction: The S&P 500 Will Hit 10,000 in 2027
• Positive Sentiment: IVV’s relatively low expense ratio remains a competitive advantage versus higher-cost S&P 500 alternatives, potentially helping long-term investor returns and fund flows. The S&P 500 ETF You Know Charges 0.0945%

iShares Core S&P 500 ETF Stock Performance

IVV opened at $777.27 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 firm has a 50 day moving average price of $770.83 and a 200 day moving average price of $742.45. The company has a market cap of $893.39 billion, a PE ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF Company 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.