LifeSteps Financial Inc. Acquires 4,915 Shares of iShares Core S&P 500 ETF $IVV

LifeSteps Financial Inc. grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 376.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,220 shares of the ETF’s stock after buying an additional 4,915 shares during the quarter. iShares Core S&P 500 ETF accounts for about 2.4% of LifeSteps Financial Inc.’s holdings, making the stock its 10th biggest position. LifeSteps Financial Inc.’s holdings in iShares Core S&P 500 ETF were worth $4,763,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Gunderson Capital Management LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter worth approximately $401,000. Cherry Tree Wealth Management LLC grew its holdings in shares of iShares Core S&P 500 ETF by 0.4% in the third quarter. Cherry Tree Wealth Management LLC now owns 23,844 shares of the ETF’s stock valued at $18,261,000 after acquiring an additional 104 shares in the last quarter. Trust Co. of Oklahoma purchased a new stake in shares of iShares Core S&P 500 ETF during the third quarter valued at approximately $228,000. WealthPlan Investment Management LLC increased its position in shares of iShares Core S&P 500 ETF by 2.4% during the third quarter. WealthPlan Investment Management LLC now owns 152,835 shares of the ETF’s stock valued at $117,049,000 after acquiring an additional 3,534 shares during the last quarter. Finally, Wall Capital Group Inc. increased its position in shares of iShares Core S&P 500 ETF by 1.7% during the third quarter. Wall Capital Group Inc. now owns 12,519 shares of the ETF’s stock valued at $9,588,000 after acquiring an additional 205 shares during the last quarter. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF News Summary

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

• Positive Sentiment: Upbeat earnings expectations, positive analyst estimate revisions and forecasts for strong holiday spending are supporting S&P 500 ETFs despite rate concerns. S&P 500 ETFs Defy Rate Worries as Earnings Outlook Strengthens
• Positive Sentiment: Strategists say the S&P 500 could reach 8,000 or 8,100 if third-quarter earnings are exceptionally strong and currently lagging sectors begin participating in the rally. That would benefit IVV’s diversified holdings. S&P 500’s march to 8,000 hinges on very strong third quarter Citi Says the S&P 500 Hits 8,100
• Neutral Sentiment: The market remains near record levels, but technology stocks represent an unusually large share of the S&P 500. Analysts argue that broader participation outside technology may be needed to sustain further gains. Tech Stocks Have Taken Over the S&P 500
• Negative Sentiment: Hot producer- and consumer-price data are keeping Federal Reserve and interest-rate risks in focus. Higher Treasury yields have pressured technology and semiconductor shares, which are important components of IVV. Hot PPI Tests Stock Rebound Hot CPI Puts Long-Term Yields Back in Control
• Negative Sentiment: Several reports warn that AI-driven earnings growth is concentrated in technology and energy, while 84% of S&P 500 constituents are in correction territory. That divergence raises the risk of a broader pullback despite the index’s strong headline performance. 84% of S&P 500 Stocks Are in Correction Territory

iShares Core S&P 500 ETF Trading Up 0.3%

Shares of iShares Core S&P 500 ETF stock opened at $775.16 on Friday. The business’s fifty day simple moving average is $772.06 and its 200 day simple moving average is $746.92. The firm has a market capitalization of $888.72 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $632.14 and a 12 month high of $785.03.

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.