Elevated Capital Advisors LLC Sells 1,024 Shares of iShares Core S&P 500 ETF $IVV

Elevated Capital Advisors LLC decreased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 65.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 546 shares of the ETF’s stock after selling 1,024 shares during the period. Elevated Capital Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $418,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Olistico Wealth LLC bought a new stake in iShares Core S&P 500 ETF in the third quarter valued at about $25,000. Sawyer & Company Inc acquired a new stake in iShares Core S&P 500 ETF during the third quarter valued at approximately $28,000. Punch & Associates Investment Management Inc. lifted its holdings in iShares Core S&P 500 ETF by 50.0% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after buying an additional 14 shares during the last quarter. Virginia Estate & Retirement Planning Advisors Inc. bought a new position in iShares Core S&P 500 ETF during the 3rd quarter worth approximately $32,000. Finally, Allied Private Wealth LLC bought a new position in iShares Core S&P 500 ETF during the 2nd quarter worth approximately $33,000. Institutional investors own 70.12% of the company’s stock.

Key iShares Core S&P 500 ETF News

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

  • Positive Sentiment: U.S. stock futures rose as lower oil prices lifted market sentiment, while dip-buying in technology shares had recently helped U.S. stocks rebound. These developments could support IVV if the recovery continues. Reuters: S&P 500, Dow futures climb as oil slide lifts sentiment Risk-On: S&P 500 Surges Out of the Gate
  • Neutral Sentiment: IVV’s reported holdings activity included additions of Apple and Nvidia. This reflects changes in the ETF’s index-linked portfolio, but the reports do not indicate a separate active investment decision or a clear directional signal for the fund. IVV Adds Apple and Nvidia on Nov. 6
  • Neutral Sentiment: Altiora Financial Group disclosed that it cut its IVV position by about half. This was one firm’s portfolio decision and does not, on its own, establish a broader change in investor demand. Altiora Financial Group decreased its IVV position
  • Negative Sentiment: The S&P 500’s early-November decline was its third-weakest start to the month since 1950. Historical comparisons offer no strong reassurance: after the eight weakest starts, the index finished the following April higher only four times. Weak November starts and what followed
  • Negative Sentiment: Commentary highlights continued market declines and the risk that high technology valuations could weigh on the S&P 500. IVV’s broad exposure does not eliminate that risk, particularly given the index’s substantial technology weighting. Is the S&P 500 Heading for a Correction?

iShares Core S&P 500 ETF Trading Down 0.4%

Shares of IVV opened at $753.37 on Wednesday. The firm has a market cap of $869.65 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock has a 50 day moving average of $768.33 and a 200-day moving average of $733.94. iShares Core S&P 500 ETF has a 52 week low of $632.14 and a 52 week high of $785.03.

iShares Core S&P 500 ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for iShares Core S&P 500 ETF (NYSEARCA:IVV)

Receive News & Ratings for iShares Core S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.