iShares Core S&P 500 ETF $IVV Stock Holdings Decreased by Forvis Mazars Wealth Advisors LLC

by · The Markets Daily

Forvis Mazars Wealth Advisors LLC decreased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 2.6% during the third quarter, Holdings Channel reports. The institutional investor owned 160,922 shares of the ETF’s stock after selling 4,273 shares during the period. iShares Core S&P 500 ETF makes up approximately 2.0% of Forvis Mazars Wealth Advisors LLC’s investment portfolio, making the stock its 11th biggest position. Forvis Mazars Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $123,242,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Blalock Williams LLC boosted its position in shares of iShares Core S&P 500 ETF by 74.9% during the second quarter. Blalock Williams LLC now owns 16,650 shares of the ETF’s stock worth $12,469,000 after acquiring an additional 7,130 shares during the last quarter. Cornerstone Planning Group LLC grew its stake in iShares Core S&P 500 ETF by 55.6% during the first quarter. Cornerstone Planning Group LLC now owns 17,958 shares of the ETF’s stock valued at $11,730,000 after acquiring an additional 6,417 shares in the last quarter. Compass Financial Management LLC purchased a new position in iShares Core S&P 500 ETF during the second quarter valued at $3,601,000. HWG Holdings LP increased its holdings in iShares Core S&P 500 ETF by 24.9% in the 3rd quarter. HWG Holdings LP now owns 127,281 shares of the ETF’s stock valued at $97,478,000 after acquiring an additional 25,357 shares during the last quarter. Finally, Capital Analysts LLC increased its holdings in iShares Core S&P 500 ETF by 18.2% in the 2nd quarter. Capital Analysts LLC now owns 219,719 shares of the ETF’s stock valued at $164,546,000 after acquiring an additional 33,785 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Up 0.0%

IVV stock traded up $0.10 during mid-day trading on Tuesday, hitting $781.54. The company had a trading volume of 3,963,406 shares, compared to its average volume of 7,843,915. The company has a market capitalization of $896.04 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12-month low of $632.14 and a 12-month high of $785.03. The company has a 50-day moving average price of $772.00 and a 200 day moving average price of $745.06.

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: The S&P 500’s bull market has lasted four years and more than doubled from its October 2022 low, reinforcing investor confidence and supporting demand for broad-market ETFs such as IVV. S&P 500 Bull Market Turns 4
  • Positive Sentiment: Investors are looking ahead to third-quarter bank earnings, inflation data and bond-market moves. Strong earnings or softer inflation could provide the next catalyst for the S&P 500 and IVV. Top 3 catalysts for the S&P 500 Index this week
  • Neutral Sentiment: Strategists see a potential path toward an S&P 500 level of 8,100, but say both market segments must participate. That could benefit IVV if leadership broadens beyond the largest technology companies. Citi’s Scott Chronert on getting the S&P 500 to 8,100
  • Neutral Sentiment: Some analysts argue investors risk missing further gains by repeatedly moving out of stocks and back in. The message supports long-term IVV ownership but does not create a specific near-term catalyst. Jim Cramer says investors keep making this costly mistake
  • Negative Sentiment: S&P 500 futures are subdued as investors await major-bank results, while weakness in semiconductor stocks weighs on sentiment. This is a near-term headwind for IVV because large technology and chip companies carry significant index weight. S&P 500 futures muted as investors await big bank earnings
  • Negative Sentiment: Four in ten S&P 500 constituents are down for the year, showing that the rally is unusually dependent on a small group of companies. This concentration raises downside risk for IVV if major AI and technology leaders weaken. Wall Street’s big but narrow rally

iShares Core S&P 500 ETF Profile

(Free Report)

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.

See Also

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).