Ferguson Wellman Capital Management Inc. Has $138.73 Million Stock Position in iShares Core S&P 500 ETF $IVV

Ferguson Wellman Capital Management Inc. grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 202,547 shares of the company’s stock after acquiring an additional 7,255 shares during the period. iShares Core S&P 500 ETF comprises 2.2% of Ferguson Wellman Capital Management Inc.’s holdings, making the stock its 11th largest holding. Ferguson Wellman Capital Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $138,733,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of IVV. Heck Capital Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $331,591,000. Bison Wealth LLC raised its position in shares of iShares Core S&P 500 ETF by 24.0% during the fourth quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock worth $4,591,000 after acquiring an additional 1,511 shares during the last quarter. Schnieders Capital Management LLC. lifted its stake in shares of iShares Core S&P 500 ETF by 0.8% in the second quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock worth $3,512,000 after acquiring an additional 45 shares during the period. Russell Investments Group Ltd. lifted its stake in shares of iShares Core S&P 500 ETF by 13.0% in the second quarter. Russell Investments Group Ltd. now owns 11,156 shares of the company’s stock worth $6,927,000 after acquiring an additional 1,284 shares during the period. Finally, Fortress Financial Solutions LLC boosted its holdings in iShares Core S&P 500 ETF by 13.0% in the second quarter. Fortress Financial Solutions LLC now owns 8,668 shares of the company’s stock valued at $5,382,000 after acquiring an additional 999 shares during the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of IVV stock opened at $648.01 on Friday. The stock has a market capitalization of $712.29 billion, a PE ratio of 25.10 and a beta of 1.00. The business’s 50 day simple moving average is $683.41 and its 200 day simple moving average is $679.81. iShares Core S&P 500 ETF has a one year low of $484.00 and a one year high of $700.97.

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: Technical/breadth indicators point to a possible countertrend rally that could limit further downside for the S&P 500 and support IVV if it re-accelerates. Read More.
• Positive Sentiment: Earlier optimism about Iran ceasefire prospects lifted US indices; any return of that optimism would help IVV recover some losses. Read More.
• Neutral Sentiment: Idiosyncratic trading (e.g., Best Buy jumping on GameStop acquisition rumors) can cause rotation within the index but is unlikely to move IVV materially on its own. Read More.
• Neutral Sentiment: Longer-term themes such as dividend-selection interest exist, but they are less likely to change IVV’s near-term direction because IVV tracks the broad market rather than high-yield subsets. Read More.
• Negative Sentiment: Geopolitical escalation and a near-term Trump deadline for strikes on Iran’s energy infrastructure have pushed oil higher and futures lower, a direct risk-off catalyst weighing on the S&P 500 and IVV. Read More.
• Negative Sentiment: Micron’s slide into a bear market and sharp P/E compression highlights renewed selling in semiconductor/tech names, which makes up a large share of IVV and contributes to its weakness. Read More.
• Negative Sentiment: Macro commentary arguing the AI-driven run may be peaking adds to negative sentiment for growth and software sectors, pressuring index-level returns. Read More.

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.