Petersen Hastings Wealth Advisors Inc. purchased a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 7,095 shares of the company’s stock, valued at approximately $4,860,000. iShares Core S&P 500 ETF accounts for about 0.5% of Petersen Hastings Wealth Advisors Inc.’s portfolio, making the stock its 15th largest position.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares Core S&P 500 ETF by 1.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock worth $23,176,806,000 after purchasing an additional 409,816 shares during the last quarter. Marshall Wace LLP raised its position in shares of iShares Core S&P 500 ETF by 28.5% during the 3rd quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock worth $18,422,024,000 after purchasing an additional 6,101,936 shares during the last quarter. Creative Planning raised its position in shares of iShares Core S&P 500 ETF by 2.3% during the 3rd quarter. Creative Planning now owns 22,735,267 shares of the company’s stock worth $15,216,714,000 after purchasing an additional 505,293 shares during the last quarter. Nisa Investment Advisors LLC raised its position in shares of iShares Core S&P 500 ETF by 40.6% during the 4th quarter. Nisa Investment Advisors LLC now owns 16,809,463 shares of the company’s stock worth $11,513,474,000 after purchasing an additional 4,854,227 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in shares of iShares Core S&P 500 ETF by 2.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 15,763,521 shares of the company’s stock worth $10,797,066,000 after purchasing an additional 310,464 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.
iShares Core S&P 500 ETF Price Performance
Shares of iShares Core S&P 500 ETF stock opened at $760.83 on Friday. iShares Core S&P 500 ETF has a 1 year low of $593.93 and a 1 year high of $764.00. The company has a market capitalization of $840.15 billion, a P/E ratio of 25.10 and a beta of 1.00. The business has a 50 day moving average price of $714.44 and a 200 day moving average price of $695.24.
Key iShares Core S&P 500 ETF News
- Positive Sentiment: New S&P Dow Jones index-rule changes could eventually force major index funds like IVV to make room for high-profile private companies such as SpaceX, OpenAI, and Anthropic if they go public, reinforcing the S&P 500’s role as the default benchmark for large-cap U.S. stocks. The End Of S&P 500 As We Know It
- Positive Sentiment: Market watchers say upcoming S&P 500 rebalancing announcements could favor larger, faster-growing names like Marvell, which may support continued turnover and trading activity in index funds tracking the benchmark. Marvell looks poised to finally get a spot in the S&P 500 after explosive stock surge
- Neutral Sentiment: Several reports say the S&P 500’s recent rally has cooled, with tech stocks showing signs of fatigue and the index’s winning streak losing momentum, which may temper near-term enthusiasm for IVV. The Tech Rally Is Running Out of Gas. Where the S&P 500 Goes From Here.
- Neutral Sentiment: Commentary from market outlets highlighted rising single-stock volatility and higher Treasury yields/oil prices, suggesting broader market risk is rising even though the index remains resilient for now. How single-stock turbulence presents ‘asymmetric’ downside risk for a rather calm S&P 500
- Negative Sentiment: The S&P 500’s recent pause and the risk to its winning streak point to a possible short-term breather after a strong run, which could pressure IVV if investors rotate out of equities. Stocks take a breather on Wednesday as torrid rally cools — putting potentially historic S&P 500 winning streak in jeopardy
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.
Further Reading
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