Ndwm LLC boosted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 1.4% in the third quarter, HoldingsChannel.com reports. The fund owned 66,227 shares of the ETF’s stock after purchasing an additional 918 shares during the period. iShares Core S&P 500 ETF makes up about 29.2% of Ndwm LLC’s investment portfolio, making the stock its biggest position. Ndwm LLC’s holdings in iShares Core S&P 500 ETF were worth $50,720,000 at the end of the most recent reporting period.
A number of other large investors also recently added to or reduced their stakes in IVV. Diversify Advisory Services LLC lifted its holdings in iShares Core S&P 500 ETF by 28.7% in the 3rd quarter. Diversify Advisory Services LLC now owns 165,212 shares of the ETF’s stock valued at $128,066,000 after purchasing an additional 36,853 shares in the last quarter. Blalock Williams LLC boosted its stake in iShares Core S&P 500 ETF by 74.9% during the 2nd quarter. Blalock Williams LLC now owns 16,650 shares of the ETF’s stock worth $12,469,000 after purchasing an additional 7,130 shares during the last quarter. Elevated Financial Group LLC grew its holdings in shares of iShares Core S&P 500 ETF by 27.7% during the third quarter. Elevated Financial Group LLC now owns 75,609 shares of the ETF’s stock worth $57,905,000 after buying an additional 16,379 shares in the last quarter. Prairie Advisory LLC raised its position in shares of iShares Core S&P 500 ETF by 123.1% in the third quarter. Prairie Advisory LLC now owns 16,558 shares of the ETF’s stock valued at $12,681,000 after buying an additional 9,135 shares during the last quarter. Finally, Farmers & Merchants Investments Inc. raised its position in shares of iShares Core S&P 500 ETF by 0.5% in the third quarter. Farmers & Merchants Investments Inc. now owns 392,437 shares of the ETF’s stock valued at $300,548,000 after buying an additional 1,848 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.
iShares Core S&P 500 ETF Trading Up 1.3%
NYSEARCA:IVV opened at $763.08 on Thursday. The company’s 50-day moving average price is $768.29 and its 200-day moving average price is $734.29. The company has a market cap of $885.17 billion, a P/E ratio of 23.48 and a beta of 1.01. iShares Core S&P 500 ETF has a twelve month low of $632.14 and a twelve month high of $785.03.
iShares Core S&P 500 ETF News Summary
These are some of the IVV news items that stood out recently:
- Positive Sentiment: Futures also climbed as falling oil prices lifted market sentiment, providing a near-term tailwind for broad U.S. equities. Reuters article
- Negative Sentiment: Reuters technical analysis warned that the S&P 500 could face further losses, a direct risk for IVV, which tracks the index. Reuters article
- Negative Sentiment: Commentary highlighted a historically weak start to November and noted that the S&P 500’s prior weakest starts were followed by gains through the next April only half the time. Other analysis also raised the possibility of a correction, citing recent declines and tech-valuation risks. Historical performance article Correction risk article
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.
Featured Stories
- Five stocks we like better than iShares Core S&P 500 ETF
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report).
Receive News & Ratings for iShares Core S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
