ArborFi Advisors LLC reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 2.9% during the 1st quarter, Holdings Channel reports. The fund owned 30,400 shares of the company’s stock after selling 897 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 16.2% of ArborFi Advisors LLC’s investment portfolio, making the stock its biggest position. ArborFi Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $19,857,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Corient Private Wealth LLC raised its position in iShares Core S&P 500 ETF by 400.8% in the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the company’s stock valued at $11,935,288,000 after purchasing an additional 13,946,081 shares in the last quarter. Schonfeld Strategic Advisors LLC increased its stake in shares of iShares Core S&P 500 ETF by 3,927.5% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the company’s stock worth $5,590,424,000 after buying an additional 7,959,263 shares during the period. Millennium Management LLC raised its holdings in iShares Core S&P 500 ETF by 93.3% in the fourth quarter. Millennium Management LLC now owns 14,494,278 shares of the company’s stock valued at $9,927,711,000 after acquiring an additional 6,995,145 shares in the last quarter. Walleye Capital LLC acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $4,531,611,000. Finally, Marshall Wace LLP raised its holdings in iShares Core S&P 500 ETF by 28.5% in the third quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock valued at $18,422,024,000 after acquiring an additional 6,101,936 shares in the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.
iShares Core S&P 500 ETF Stock Down 0.5%
Shares of iShares Core S&P 500 ETF stock opened at $751.08 on Wednesday. iShares Core S&P 500 ETF has a 52-week low of $621.05 and a 52-week high of $764.00. The company has a market capitalization of $891.49 billion, a P/E ratio of 25.10 and a beta of 1.00. The company has a 50 day moving average of $743.93 and a 200 day moving average of $705.75.
iShares Core S&P 500 ETF News Roundup
- Positive Sentiment: Several Wall Street strategists remain constructive on U.S. stocks, with Ed Yardeni reiterating an S&P 500 target of 8,250 by year-end and other commentators saying the index still has room to climb as earnings hold up. Article Title
- Positive Sentiment: Recent commentary also points to favorable earnings growth expectations, reasonable valuations, and the S&P 500’s strong recent run as support for continued upside in broad-market ETFs like IVV. Article Title
- Positive Sentiment: Some analysis says the S&P 500 has more upside left this year, citing technical strength and the possibility that broad index gains can continue even after a recent pullback in large-cap leaders. Article Title
- Neutral Sentiment: The S&P 500 recently had its best week in two months, showing underlying momentum that can help support IVV, though this is partly offset by broader market rotation. Article Title
- Negative Sentiment: Short-term pressure is coming from a chip selloff and renewed AI bubble worries, which dragged the Nasdaq and S&P 500 lower as investors rotated out of tech and into defensive sectors. Article Title
- Negative Sentiment: Bank of America strategist Savita Subramanian warned that the market may face risks ahead and questioned continued enthusiasm for Magnificent Seven and other megacap tech names, which could weigh on index-level performance. Article Title
iShares Core S&P 500 ETF 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.
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