iShares Core S&P 500 ETF $IVV Shares Sold by Geneva Partners LLC

Geneva Partners LLC decreased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 14.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,815 shares of the company’s stock after selling 2,460 shares during the quarter. iShares Core S&P 500 ETF comprises 4.6% of Geneva Partners LLC’s investment portfolio, making the stock its 3rd largest holding. Geneva Partners LLC’s holdings in iShares Core S&P 500 ETF were worth $9,678,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in IVV. Anchor Investment Management LLC raised its holdings in shares of iShares Core S&P 500 ETF by 3.1% during the 3rd quarter. Anchor Investment Management LLC now owns 503 shares of the company’s stock valued at $337,000 after purchasing an additional 15 shares in the last quarter. Wealth Effects LLC boosted its holdings in iShares Core S&P 500 ETF by 0.4% in the fourth quarter. Wealth Effects LLC now owns 4,276 shares of the company’s stock worth $2,929,000 after purchasing an additional 15 shares in the last quarter. West Wealth Group LLC boosted its holdings in iShares Core S&P 500 ETF by 1.1% in the fourth quarter. West Wealth Group LLC now owns 1,440 shares of the company’s stock worth $987,000 after purchasing an additional 15 shares in the last quarter. Keeler & Nadler Financial Planning & Wealth Management increased its position in iShares Core S&P 500 ETF by 2.9% during the fourth quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 539 shares of the company’s stock worth $369,000 after buying an additional 15 shares during the last quarter. Finally, Gratus Wealth Advisors LLC increased its position in iShares Core S&P 500 ETF by 0.3% during the fourth quarter. Gratus Wealth Advisors LLC now owns 4,776 shares of the company’s stock worth $3,272,000 after buying an additional 15 shares during the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

More iShares Core S&P 500 ETF News

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

• 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 Price Performance

NYSEARCA IVV opened at $751.08 on Wednesday. iShares Core S&P 500 ETF has a fifty-two week low of $621.05 and a fifty-two week high of $764.00. The stock’s 50-day moving average is $743.93 and its two-hundred day moving average is $705.75. The firm has a market cap of $887.85 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.