4,498 iShares Core S&P 500 ETF $IVV Shares Sold by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.5% during the third quarter, according to its most recent filing with the SEC. The fund owned 287,714 shares of the ETF’s stock after selling 4,498 shares during the quarter. iShares Core S&P 500 ETF accounts for approximately 3.0% of First Citizens Bank & Trust Co.’s portfolio, making the stock its 8th largest holding. First Citizens Bank & Trust Co.’s holdings in iShares Core S&P 500 ETF were worth $220,346,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Citrine Capital LLC raised its position in iShares Core S&P 500 ETF by 2.8% in the third quarter. Citrine Capital LLC now owns 474 shares of the ETF’s stock worth $363,000 after acquiring an additional 13 shares during the period. Punch & Associates Investment Management Inc. boosted its stake in iShares Core S&P 500 ETF by 50.0% in the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after acquiring an additional 14 shares during the last quarter. Hidden Cove Wealth Management LLC boosted its stake in iShares Core S&P 500 ETF by 3.5% in the second quarter. Hidden Cove Wealth Management LLC now owns 409 shares of the ETF’s stock valued at $306,000 after acquiring an additional 14 shares during the last quarter. Matthew Goff Investment Advisor LLC boosted its stake in iShares Core S&P 500 ETF by 2.6% in the first quarter. Matthew Goff Investment Advisor LLC now owns 590 shares of the ETF’s stock valued at $386,000 after acquiring an additional 15 shares during the last quarter. Finally, Richards Merrill & Peterson Inc. grew its position in shares of iShares Core S&P 500 ETF by 2.8% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 556 shares of the ETF’s stock valued at $363,000 after acquiring an additional 15 shares during the period. 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: The S&P 500’s bull market has lasted four years and more than doubled from its October 2022 low, reinforcing investor confidence and supporting demand for broad-market ETFs such as IVV. S&P 500 Bull Market Turns 4
• Positive Sentiment: Investors are looking ahead to third-quarter bank earnings, inflation data and bond-market moves. Strong earnings or softer inflation could provide the next catalyst for the S&P 500 and IVV. Top 3 catalysts for the S&P 500 Index this week
• Neutral Sentiment: Strategists see a potential path toward an S&P 500 level of 8,100, but say both market segments must participate. That could benefit IVV if leadership broadens beyond the largest technology companies. Citi’s Scott Chronert on getting the S&P 500 to 8,100
• Neutral Sentiment: Some analysts argue investors risk missing further gains by repeatedly moving out of stocks and back in. The message supports long-term IVV ownership but does not create a specific near-term catalyst. Jim Cramer says investors keep making this costly mistake
• Negative Sentiment: S&P 500 futures are subdued as investors await major-bank results, while weakness in semiconductor stocks weighs on sentiment. This is a near-term headwind for IVV because large technology and chip companies carry significant index weight. S&P 500 futures muted as investors await big bank earnings
• Negative Sentiment: Four in ten S&P 500 constituents are down for the year, showing that the rally is unusually dependent on a small group of companies. This concentration raises downside risk for IVV if major AI and technology leaders weaken. Wall Street’s big but narrow rally

iShares Core S&P 500 ETF Stock Up 0.0%

iShares Core S&P 500 ETF stock opened at $781.54 on Wednesday. iShares Core S&P 500 ETF has a twelve month low of $632.14 and a twelve month high of $785.03. The firm has a 50 day moving average price of $772.00 and a 200-day moving average price of $745.06. The company has a market capitalization 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.