iShares Core S&P 500 ETF $IVV Stock Position Increased by Renasant Bank

Renasant Bank grew its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 251.0% during the 1st quarter, Holdings Channel reports. The firm owned 5,795 shares of the company’s stock after buying an additional 4,144 shares during the period. iShares Core S&P 500 ETF comprises approximately 2.7% of Renasant Bank’s investment portfolio, making the stock its 7th biggest holding. Renasant Bank’s holdings in iShares Core S&P 500 ETF were worth $3,785,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of IVV. Northwestern Mutual Wealth Management Co. increased its position in iShares Core S&P 500 ETF by 1.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock worth $23,176,806,000 after buying an additional 409,816 shares in the last quarter. Marshall Wace LLP lifted its position in shares of iShares Core S&P 500 ETF by 17.9% in the fourth quarter. Marshall Wace LLP now owns 32,452,900 shares of the company’s stock valued at $22,228,289,000 after acquiring an additional 4,928,585 shares in the last quarter. Creative Planning boosted its stake in shares of iShares Core S&P 500 ETF by 2.3% during the third quarter. Creative Planning now owns 22,735,267 shares of the company’s stock valued at $15,216,714,000 after acquiring an additional 505,293 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of iShares Core S&P 500 ETF by 27.7% during the fourth quarter. Bank of America Corp DE now owns 21,696,475 shares of the company’s stock valued at $14,860,784,000 after acquiring an additional 4,709,612 shares during the last quarter. Finally, Corient Private Wealth LLC increased its position in iShares Core S&P 500 ETF by 400.8% during the 4th quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the company’s stock worth $11,935,288,000 after purchasing an additional 13,946,081 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.5%

NYSEARCA:IVV opened at $751.08 on Wednesday. The firm has a market cap of $887.85 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company’s 50-day moving average is $743.93 and its two-hundred day moving average is $705.75. iShares Core S&P 500 ETF has a 12-month low of $621.05 and a 12-month high of $764.00.

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 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.