SBI Okasan Asset Management Co.Ltd. increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 27.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,104 shares of the ETF’s stock after purchasing an additional 2,152 shares during the period. iShares Core S&P 500 ETF accounts for approximately 0.2% of SBI Okasan Asset Management Co.Ltd.’s portfolio, making the stock its 17th largest position. SBI Okasan Asset Management Co.Ltd.’s holdings in iShares Core S&P 500 ETF were worth $7,519,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Punch & Associates Investment Management Inc. lifted its holdings in iShares Core S&P 500 ETF by 50.0% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after buying an additional 14 shares during the last quarter. Wealth Effects LLC increased its holdings in shares of iShares Core S&P 500 ETF by 0.4% in the 4th quarter. Wealth Effects LLC now owns 4,276 shares of the ETF’s stock valued at $2,929,000 after acquiring an additional 15 shares during the last quarter. West Wealth Group LLC raised its position in shares of iShares Core S&P 500 ETF by 1.1% during the 4th quarter. West Wealth Group LLC now owns 1,440 shares of the ETF’s stock worth $987,000 after acquiring an additional 15 shares in the last quarter. Keeler & Nadler Financial Planning & Wealth Management raised its position in shares of iShares Core S&P 500 ETF by 2.9% during the 4th quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 539 shares of the ETF’s stock worth $369,000 after acquiring an additional 15 shares in the last quarter. Finally, Gratus Wealth Advisors LLC lifted its stake in iShares Core S&P 500 ETF by 0.3% during the fourth quarter. Gratus Wealth Advisors LLC now owns 4,776 shares of the ETF’s stock worth $3,272,000 after purchasing an additional 15 shares during the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Stock Down 0.2%
IVV stock opened at $780.04 on Friday. The business has a 50 day moving average price of $752.14 and a 200 day moving average price of $718.81. The stock has a market cap of $906.06 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a fifty-two week low of $632.14 and a fifty-two week high of $783.09.
iShares Core S&P 500 ETF News Summary
- Positive Sentiment: Cooling inflation supports stocks: A benign PPI reading eased interest-rate concerns and improved investor sentiment, raising expectations that the Federal Reserve may have more flexibility on future policy. S&P 500 Hits New Record High Following PPI Data
- Positive Sentiment: Record index performance and technology strength: The S&P 500 closed at a new high as falling oil prices, easing inflation fears and continued technology-sector gains encouraged risk-taking. This is the most direct support for IVV. Dow rises as S&P 500 closes at record high
- Positive Sentiment: Potential index breakout: Technical analysts see bullish flag formations and possible breakouts in the S&P 500 and Nasdaq, suggesting momentum could continue if geopolitical risks do not intensify. US Indices Forecast
- Positive Sentiment: Tariff refunds may aid constituents: More than 40 S&P 500 companies reported approximately $9.6 billion in tariff refunds, with $2.1 billion already received. These cash benefits could modestly support earnings and liquidity for affected holdings. S&P 500 Companies Claim Tariff Refunds
- Neutral Sentiment: Index reshuffling: Reddit will enter the S&P 500 on August 18, replacing AvalonBay Communities. The change may create short-term rebalancing flows, but its effect on IVV should be limited because Reddit represents a small portion of the index. Reddit shares jump on S&P 500 inclusion
- Negative Sentiment: Geopolitical and policy risks remain: Renewed Middle East tensions and uncertainty ahead of the weekend are limiting gains, while upcoming economic data could renew questions about the Fed’s interest-rate path. S&P 500 edges higher as earnings offset tensions
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.
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