CX Institutional Sells 712 Shares of iShares Core S&P 500 ETF $IVV

CX Institutional reduced its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 2.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 34,570 shares of the ETF’s stock after selling 712 shares during the quarter. CX Institutional’s holdings in iShares Core S&P 500 ETF were worth $26,476,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Blalock Williams LLC grew 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 buying an additional 7,130 shares in the last quarter. Cornerstone Planning Group LLC raised its holdings in iShares Core S&P 500 ETF by 55.6% in 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 acquired a new stake in iShares Core S&P 500 ETF in the second quarter valued at $3,601,000. Highland Investment Advisors LLC bought a new position in iShares Core S&P 500 ETF during the 2nd quarter valued at $5,914,000. Finally, Summit Wealth Partners LLC boosted its stake in iShares Core S&P 500 ETF by 4.1% during the 1st quarter. Summit Wealth Partners LLC now owns 43,350 shares of the ETF’s stock valued at $28,317,000 after acquiring an additional 1,701 shares during the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting iShares Core S&P 500 ETF

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

• Positive Sentiment: Stocks rallied on Friday after a jobs-related market move, leaving the S&P 500 only fractionally lower for the week and supporting IVV. S&P 500 Snapshot: Stocks Rally to Close Out Flat Week
• Positive Sentiment: Lower oil prices, helped by reports of potential European reserve releases, improved the premarket backdrop by easing inflation concerns. Oversold market breadth also raised expectations for a technical rebound in the S&P 500. S&P500: Futures Rise as Oil Retreats Before Payrolls S&P 500 Forecast: Oversold Breadth Signals Rally as 7600 Support Nears
• Positive Sentiment: Strong second-quarter earnings and continued demand for Nvidia’s Vera Rubin artificial-intelligence platform are helping support major S&P 500 constituents. The index’s lower forward valuation compared with a year ago may also provide room for gains if earnings remain resilient. The S&P 500 Is Near an All-Time High but Trading at Its Lowest Valuation in a Year
• Neutral Sentiment: Twilio will join the S&P 500 as Warner Bros. Discovery leaves following its planned merger with Paramount. The change affects index composition but does not materially alter IVV’s overall diversification. Here’s who’s joining the S&P 500 in the index’s latest shakeup
• Negative Sentiment: Elevated Treasury yields and a hawkish Federal Reserve remain headwinds for stocks, while financial shares recently lagged the broader market by the widest margin in decades. Bank Stocks Are Lagging the S&P 500 by the Most Since 1990

iShares Core S&P 500 ETF Trading Up 0.7%

IVV stock traded up $5.72 during mid-day trading on Friday, hitting $773.10. 5,150,439 shares of the company were exchanged, compared to its average volume of 7,963,424. The firm has a fifty day simple moving average of $767.14 and a 200 day simple moving average of $738.42. The company has a market capitalization of $888.76 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a twelve month low of $632.14 and a twelve month high of $783.09.

iShares Core S&P 500 ETF Company 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.

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