Armor Investment Advisors LLC grew its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 9.1% in the 1st quarter, HoldingsChannel reports. The fund owned 69,615 shares of the company’s stock after buying an additional 5,790 shares during the period. iShares Core S&P 500 ETF makes up about 16.4% of Armor Investment Advisors LLC’s holdings, making the stock its biggest holding. Armor Investment Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $45,473,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the company. Keenan LLC bought a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $26,000. Decker Retirement Planning Inc. bought a new position in iShares Core S&P 500 ETF in the 4th quarter valued at about $29,000. GS Investments Inc. lifted its position in iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock valued at $30,000 after acquiring an additional 20 shares in the last quarter. Palouse Capital Management Inc. acquired a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $38,000. Finally, Imprint Wealth LLC acquired a new position in iShares Core S&P 500 ETF during the 3rd quarter valued at about $39,000. 70.12% of the stock is owned by institutional investors and hedge funds.
iShares Core S&P 500 ETF Stock Down 0.5%
IVV stock opened at $751.08 on Wednesday. iShares Core S&P 500 ETF has a twelve month low of $621.05 and a twelve month high of $764.00. The stock’s 50 day moving average is $743.93 and its 200-day moving average is $705.75. The firm has a market capitalization of $891.49 billion, a PE ratio of 25.10 and a beta of 1.00.
iShares Core S&P 500 ETF News Summary
- 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 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.
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