iShares Core S&P 500 ETF $IVV Shares Sold by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC lowered its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 5.8% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 61,936 shares of the company’s stock after selling 3,795 shares during the quarter. iShares Core S&P 500 ETF accounts for 1.3% of Axxcess Wealth Management LLC’s investment portfolio, making the stock its 18th largest holding. Axxcess Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $40,457,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Heck Capital Advisors LLC purchased a new position in iShares Core S&P 500 ETF during the fourth quarter worth about $331,591,000. Bison Wealth LLC boosted its holdings in iShares Core S&P 500 ETF by 24.0% in the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock valued at $4,591,000 after purchasing an additional 1,511 shares in the last quarter. Schnieders Capital Management LLC. boosted its holdings in iShares Core S&P 500 ETF by 0.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock valued at $3,512,000 after purchasing an additional 45 shares in the last quarter. First Trust Advisors LP increased its position in iShares Core S&P 500 ETF by 43.1% during the 2nd quarter. First Trust Advisors LP now owns 6,989 shares of the company’s stock worth $4,340,000 after purchasing an additional 2,105 shares during the period. Finally, Sei Investments Co. increased its position in iShares Core S&P 500 ETF by 1.2% during the 2nd quarter. Sei Investments Co. now owns 8,455 shares of the company’s stock worth $5,250,000 after purchasing an additional 97 shares during the period. Institutional investors and hedge funds own 70.12% of the company’s stock.

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: Several strategists remain constructive on U.S. equities, with Ed Yardeni reiterating a year-end S&P 500 target of 8,250 and another market strategist calling for 8,500, both citing strong earnings and the AI investment cycle as key support for the index. Article Title Article Title
• Positive Sentiment: Historical market analysis suggests the S&P 500’s strong first-half performance has often been followed by additional gains in the second half, with earnings growth and revenue momentum viewed as potential tailwinds for index ETFs like IVV. Article Title Article Title
• Neutral Sentiment: Some analysts are focused on technical breakout levels for the S&P 500, suggesting the market may be in a pause before its next move rather than in a clear trend change. Article Title
• Neutral Sentiment: Market commentary also points to continued sector rotation, with investors shifting away from semiconductors and toward healthcare, staples, and financials, which can create short-term volatility for the broader index. Article Title Article Title
• Negative Sentiment: Near-term trading has been weighed by weaker chip stocks, a tech-led selloff, rising oil prices tied to Middle East tensions, and investor caution ahead of Federal Reserve minutes, all of which have pressured S&P 500 futures. Article Title

iShares Core S&P 500 ETF Trading Down 0.3%

Shares of IVV stock opened at $749.06 on Thursday. The company has a market cap of $885.46 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock has a 50 day simple moving average of $744.54 and a 200-day simple moving average of $706.26. iShares Core S&P 500 ETF has a 12-month low of $621.05 and a 12-month high of $764.00.

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.