IVV Stock Recent News

If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the iShares Core S&P 500 ETF (IVV), a passively managed exchange traded fund launched on 05/15/2000.

Overall, ETFs pulled in $54.4 billion in capital last week, pushing the year-to-date inflows to $324.7 billion.

The S&P 500 rose for a third straight week, finishing up 0.61% from last Friday. The index is currently up 15.22% year to date and has recorded a new all-time high 31 times this year.

TCAF is an actively managed ETF benchmarked against the S&P 500. Incepted in June 2023, TCAF has had a rather successful start, yet it underperformed three S&P 500-tracking ETFs. While about 92.5% of its holdings are S&P 500 companies, compared to IVV, TCAF has a lower weighted-average adjusted EY as well as a weaker forward revenue growth rate and ROA.

The current market environment reflects optimism driven by strong corporate earnings, a tech rally, chances of a Fed rate cut and economic indicators.

Overall, ETFs pulled in $10.4 billion in capital last week, pushing the year-to-date inflows to $324.7 billion.

During LSEG Lipper's fund-flows week that ended June 12, 2024, investors were overall net purchasers of fund assets (including both conventional funds and ETFs) for the seventh week in eight, adding a net $6.3 billion. Equity funds (-$19.8 billion), mixed-assets funds (-$352 million), and commodities funds (-$60 million) reported outflows. General domestic taxable fixed income funds (+$119 million), alternative bond funds (+$62 million), and high yield funds (+$30 million) were the only taxable fixed income subgroups to observe inflows over the week.

The S&P 500 index is having a spectacular rally despite last week's hawkish Federal Reserve decision. It soared to a record high, bringing the year-to-date gains to over 14%.

During LSEG Lipper's fund-flows week that ended June 5, 2024, investors were overall net purchasers of fund assets for the sixth week in seven, adding a net $39.4 billion. Mixed-assets funds (-$389 million) and alternative investments (-$186 million) reported outflows. In aggregate, spot bitcoin ETFs saw an inflow (+$1.2 billion) over the week, led by Fidelity Wise Origin Bitcoin Fund (FBTC) which logged its largest inflow (+$602 million) since the week ending March 13, 2024.

KKR (KKR), CrowdStrike (CRWD) and GoDaddy (GDDY) will enter the S&P 500, replacing Robert Half (RHI), Comerica (CMA) and Illumina (ILMN).