iShares Core S&P 500 ETF $IVV Stake Boosted by Franklin Resources Inc.

Franklin Resources Inc. grew its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 920,566 shares of the company’s stock after acquiring an additional 13,710 shares during the period. Franklin Resources Inc. owned 0.08% of iShares Core S&P 500 ETF worth $630,661,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Legacy Private Trust Co. grew its position in iShares Core S&P 500 ETF by 1.1% in the 4th quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock worth $228,119,000 after purchasing an additional 3,711 shares during the last quarter. Coyle Financial Counsel LLC grew its position in iShares Core S&P 500 ETF by 7.1% in the 3rd quarter. Coyle Financial Counsel LLC now owns 107,161 shares of the company’s stock worth $71,723,000 after purchasing an additional 7,120 shares during the last quarter. Hubbell Strickland Wealth Management LLC grew its position in iShares Core S&P 500 ETF by 2.0% in the 4th quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock worth $27,172,000 after purchasing an additional 792 shares during the last quarter. Belpointe Asset Management LLC grew its position in iShares Core S&P 500 ETF by 4.5% in the 4th quarter. Belpointe Asset Management LLC now owns 39,767 shares of the company’s stock worth $27,239,000 after purchasing an additional 1,700 shares during the last quarter. Finally, Atria Investments Inc grew its position in iShares Core S&P 500 ETF by 14.0% in the 4th quarter. Atria Investments Inc now owns 251,381 shares of the company’s stock worth $172,181,000 after purchasing an additional 30,777 shares during the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $742.66 on Tuesday. The firm has a market capitalization of $820.08 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company’s fifty day moving average is $717.95 and its two-hundred day moving average is $696.31. iShares Core S&P 500 ETF has a 52-week low of $594.71 and a 52-week high of $764.00.

More iShares Core S&P 500 ETF News

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

• Positive Sentiment: Citi raised its S&P 500 target to 8,100, saying strong earnings and continued AI spending may outweigh macro risks, which supports a bullish case for broad index funds like IVV. The Stock Market Just Got Crushed. Why Citi Is Raising Its S&P 500 Target.
• Positive Sentiment: Chip and AI-related stocks showed signs of stabilizing, with Intel leading the S&P 500 higher and Marvell jumping after news of its S&P 500 inclusion, which can help sentiment for the broader index. Intel Is Today’s Top S&P 500 Stock. These Are the Reasons Why. Marvell Technology jumps almost 9% in premarket after news it will join the S&P 500 index
• Neutral Sentiment: Analysts are discussing where buyers may re-enter after Friday’s rout, helped by lower bond yields, suggesting the ETF could find support if rates continue easing. Where S&P 500 Buyers May Surface After Friday’s Rout
• Negative Sentiment: Several reports warn the S&P 500 could face a deeper correction after breaking technical support, reinforcing downside risk for IVV if selling resumes. Trading expert warns of strong S&P 500 correction ahead
• Negative Sentiment: Broad market weakness after Friday’s reversal, triggered by payrolls data and disappointing reactions to some earnings, is still weighing on sentiment for S&P 500 ETFs. Top catalysts that will drive the S&P 500 Index, VOO, SPY, and IVV ETFs

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.