PPS&V Asset Management Consultants Inc. Cuts Stake in iShares Core S&P 500 ETF $IVV

PPS&V Asset Management Consultants Inc. lessened its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 65,570 shares of the ETF’s stock after selling 1,141 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 27.2% of PPS&V Asset Management Consultants Inc.’s holdings, making the stock its largest position. PPS&V Asset Management Consultants Inc.’s holdings in iShares Core S&P 500 ETF were worth $50,217,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Olistico Wealth LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter worth $25,000. Keenan LLC acquired a new position in iShares Core S&P 500 ETF in the fourth quarter worth about $26,000. Punch & Associates Investment Management Inc. boosted its stake in iShares Core S&P 500 ETF by 50.0% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after buying an additional 14 shares in the last quarter. Montgomery Financial Services LLC bought a new stake in iShares Core S&P 500 ETF during the second quarter worth about $32,000. Finally, Allied Private Wealth LLC acquired a new stake in iShares Core S&P 500 ETF during the 2nd quarter valued at $33,000. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Up 0.6%

NYSEARCA:IVV traded up $4.29 during mid-day trading on Tuesday, reaching $782.54. 4,644,577 shares of the company were exchanged, compared to its average volume of 7,951,724. iShares Core S&P 500 ETF has a 12 month low of $632.14 and a 12 month high of $785.03. The stock has a market cap of $900.74 billion, a PE ratio of 25.10 and a beta of 1.00. The company has a fifty day moving average of $768.47 and a 200 day moving average of $739.88.

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: Technology and AI shares powered the S&P 500 to a new record, helping lift IVV despite weakness across much of the broader market. The S&P 500 Hits a New Record High, Powered by Tech—and Not Much Else
• Positive Sentiment: The S&P 500 surpassed its August peak and recovered despite the Iran-related oil shock, higher borrowing costs and the Federal Reserve’s first rate hike, signaling continued investor demand for U.S. large-cap equities. Chart: A look at the S&P 500’s remarkable and defiant trip a new record
• Positive Sentiment: Easing Treasury yields from multi-year highs improved the backdrop for growth stocks and contributed to record gains in both the S&P 500 and Nasdaq, supporting IVV. S&P 500 hits record high as AI stocks rise and Treasury yields ease further
• Positive Sentiment: IVV reached a new 52-week high, reflecting the index’s strong momentum and continued investor interest in its diversified exposure to U.S. blue-chip companies. iShares Core S&P 500 ETF Reaches New 52-Week High
• Neutral Sentiment: Investors are entering the third-quarter earnings season focused on whether corporate AI spending and expected earnings growth can justify elevated valuations. Stock Market: Will S&P 500 Open Up or Down Today?
• Negative Sentiment: Market leadership remains narrow: only a small group of trillion-dollar companies has outperformed the S&P 500, and some megacap technology stocks appear overbought. A pullback in these holdings could weigh disproportionately on IVV. Only Four Trillion-Dollar Stocks Are Beating the S&P 500
• Negative Sentiment: Geopolitical tensions involving Iran, elevated interest rates and the risk of an AI-spending “reality check” remain threats to the record-setting rally and IVV’s near-term performance. An AI reality check may take the S&P 500 to 5,000

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.