iShares Core S&P 500 ETF $IVV Stock Acquired by St. Clair Advisors LLC

St. Clair Advisors LLC increased its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 172,567 shares of the ETF’s stock after buying an additional 1,136 shares during the quarter. iShares Core S&P 500 ETF accounts for about 31.6% of St. Clair Advisors LLC’s investment portfolio, making the stock its largest position. St. Clair Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $132,161,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Blalock Williams LLC grew its holdings in shares of iShares Core S&P 500 ETF by 74.9% during the second quarter. Blalock Williams LLC now owns 16,650 shares of the ETF’s stock worth $12,469,000 after purchasing an additional 7,130 shares during the last quarter. Cornerstone Planning Group LLC raised its holdings in shares of iShares Core S&P 500 ETF by 55.6% in the first quarter. Cornerstone Planning Group LLC now owns 17,958 shares of the ETF’s stock valued at $11,730,000 after buying an additional 6,417 shares during the last quarter. Compass Financial Management LLC bought a new position in shares of iShares Core S&P 500 ETF in the second quarter valued at about $3,601,000. HWG Holdings LP raised its holdings in shares of iShares Core S&P 500 ETF by 24.9% in the third quarter. HWG Holdings LP now owns 127,281 shares of the ETF’s stock valued at $97,478,000 after buying an additional 25,357 shares during the last quarter. Finally, Capital Analysts LLC lifted its position in iShares Core S&P 500 ETF by 18.2% during the 2nd quarter. Capital Analysts LLC now owns 219,719 shares of the ETF’s stock worth $164,546,000 after buying an additional 33,785 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

Key Headlines Impacting iShares Core S&P 500 ETF

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

• Positive Sentiment: The S&P 500’s bull market has entered its fourth year and has more than doubled from its October 2022 low. The sustained gains support demand for index-tracking funds such as IVV, although the rally’s durability now depends on earnings growth. S&P 500 Bull Market Turns 4
• Positive Sentiment: Cooling energy prices and expectations for third-quarter bank earnings have helped support a constructive start to the week. Strong bank results could broaden the rally and provide additional support for IVV. Stock Market: Will S&P 500 Open Up or Down Today?
• Neutral Sentiment: Investors are watching bond yields, the upcoming earnings season and U.S. inflation data. These events could determine whether the index pushes beyond its recent record or pauses, making them important near-term catalysts for IVV. Top 3 Catalysts for the S&P 500 Index This Week
• Neutral Sentiment: Strategists are discussing whether the S&P 500 can reach 8,100, but note that both market segments need to participate. This highlights the need for broader earnings strength beyond the largest technology companies. Citi Strategist on an 8,100 S&P 500
• Negative Sentiment: Index futures were muted as weakness in chip stocks offset anticipation of major-bank earnings, limiting immediate upside for IVV. S&P 500 Futures Muted as Investors Await Bank Earnings
• Negative Sentiment: Four in 10 S&P 500 constituents are reportedly down for the year, showing that the rally is narrow and heavily dependent on a small group of companies. Concentration raises volatility and downside risk for IVV if mega-cap leaders weaken. Wall Street’s Big but Narrow Rally

iShares Core S&P 500 ETF Trading Up 0.0%

NYSEARCA IVV traded up $0.10 on Tuesday, hitting $781.54. 3,963,406 shares of the company were exchanged, compared to its average volume of 7,843,915. iShares Core S&P 500 ETF has a 1-year low of $632.14 and a 1-year high of $785.03. The firm has a 50 day moving average of $771.87 and a two-hundred day moving average of $744.21. The company has a market cap of $896.04 billion, a P/E ratio of 25.10 and a beta of 1.00.

About iShares Core S&P 500 ETF

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.