SigFig Wealth Management LLC increased its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 1.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 96,036 shares of the ETF’s stock after buying an additional 1,318 shares during the period. iShares Core S&P 500 ETF comprises approximately 1.8% of SigFig Wealth Management LLC’s investment portfolio, making the stock its 16th biggest holding. SigFig Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $73,549,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 25.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 41,391,871 shares of the ETF’s stock worth $30,997,946,000 after purchasing an additional 8,432,228 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in iShares Core S&P 500 ETF by 1.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 35,018,846 shares of the ETF’s stock valued at $26,225,264,000 after purchasing an additional 421,146 shares in the last quarter. Corient Private Wealth LLC grew its stake in iShares Core S&P 500 ETF by 400.8% in the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock valued at $11,935,288,000 after purchasing an additional 13,946,081 shares during the last quarter. Millennium Management LLC grew its stake in iShares Core S&P 500 ETF by 93.3% in the fourth quarter. Millennium Management LLC now owns 14,494,278 shares of the ETF’s stock valued at $9,927,711,000 after purchasing an additional 6,995,145 shares during the last quarter. Finally, Squarepoint Ops LLC raised its holdings in iShares Core S&P 500 ETF by 27.2% in the fourth quarter. Squarepoint Ops LLC now owns 10,478,051 shares of the ETF’s stock worth $7,176,836,000 after purchasing an additional 2,241,167 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Price Performance
Shares of IVV stock traded down $1.55 during mid-day trading on Wednesday, hitting $780.99. 1,856,727 shares of the stock traded hands, compared to its average volume of 7,917,335. The stock has a market cap of $897.67 billion, a P/E ratio of 25.10 and a beta of 1.00. The stock’s fifty day moving average is $769.24 and its two-hundred day moving average is $740.72. iShares Core S&P 500 ETF has a 52-week low of $632.14 and a 52-week high of $785.03.
Key Stories Impacting iShares Core S&P 500 ETF
- Positive Sentiment: The S&P 500 and Nasdaq reached record closing highs as artificial-intelligence and other technology stocks advanced, while Treasury yields eased from recent highs. This supports IVV because technology megacaps represent a significant portion of the fund. S&P 500 hits record high as AI stocks rise and Treasury yields ease further
- Positive Sentiment: A contrarian market indicator suggests individual investors remain underinvested even as the S&P 500 sets records. Continued skepticism could provide additional buying support if investors increase equity exposure. What This Reliable Contrarian Indicator Says About SPX Bears
- Neutral Sentiment: IVV recently reached a new 52-week high, reflecting strong underlying momentum and prompting discussion about whether investors should buy after the rally. Its valuation and elevated levels may make near-term returns more dependent on continued earnings growth. iShares Core S&P 500 ETF Reaches New 52-Week High
- Negative Sentiment: NVIDIA, Apple and Microsoft now account for approximately 21% of the S&P 500, creating unusually high concentration risk for index funds such as IVV. A pullback in any of these megacap holdings could disproportionately pressure the ETF. Three Stocks Are Now 21% of the S&P 500, the Most Ever
- Negative Sentiment: Higher Treasury yields, rising oil prices and renewed U.S.-Iran tensions are challenging the market’s valuation, while investors await the Federal Reserve’s meeting minutes. These factors can weigh on broad-market ETFs and particularly on richly valued growth holdings. Stock Market: Will S&P 500 Open Up or Down Today?
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.
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