iShares Core S&P 500 ETF $IVV Stock Sold by Ritholtz Wealth Management

Ritholtz Wealth Management reduced its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 456,467 shares of the ETF’s stock after selling 18,866 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 5.0% of Ritholtz Wealth Management’s holdings, making the stock its 2nd biggest position. Ritholtz Wealth Management’s holdings in iShares Core S&P 500 ETF were worth $349,585,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Olistico Wealth LLC acquired a new position in iShares Core S&P 500 ETF during the third quarter worth $25,000. Punch & Associates Investment Management Inc. grew its position 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 purchasing an additional 14 shares in the last quarter. Sawyer & Company Inc bought a new position in iShares Core S&P 500 ETF in the third quarter valued at $28,000. Montgomery Financial Services LLC bought a new position in iShares Core S&P 500 ETF in the second quarter valued at $32,000. Finally, Virginia Estate & Retirement Planning Advisors Inc. acquired a new stake in iShares Core S&P 500 ETF in the 3rd quarter valued at $32,000. 70.12% of the stock is currently owned by institutional investors and hedge funds.

Top iShares Core S&P 500 ETF Stories

Investors following IVV have been watching these stories:

• Positive Sentiment: U.S. stock futures rose after CoreWeave’s update eased concerns about AI spending, potentially supporting major technology stocks and the S&P 500’s heavily weighted growth names. Reuters article
• Negative Sentiment: Reuters technical analysis warned that the S&P 500 could face further losses, a direct risk for IVV, which tracks the index. Reuters article
• Negative Sentiment: Commentary highlighted a historically weak start to November and noted that the S&P 500’s prior weakest starts were followed by gains through the next April only half the time. Other analysis also raised the possibility of a correction, citing recent declines and tech-valuation risks. Historical performance article Correction risk article

iShares Core S&P 500 ETF Trading Up 1.3%

Shares of IVV stock opened at $763.08 on Thursday. The firm’s fifty day moving average price is $768.29 and its two-hundred day moving average price is $734.29. 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 market capitalization of $885.17 billion, a P/E ratio of 23.48 and a beta of 1.01.

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.