ETF News: The iShares Core S&P 500 ETF (NYSEARCA: IVV) is an Exchange Traded Fund (ETF) that tracks the performance of the S&P 500 Index, a benchmark of large-cap U.S. stocks.
The ETF seeks to replicate the performance of the index by investing in the stocks included in the index in the same proportions as the index.The ETF is managed by BlackRock and was launched in May 2000. It has an expense ratio of 0.03% and an AUM (assets under management) of $270.56 billion as of April 30, 2020. The fund has an average daily trading volume of over 15 million shares.
IVV is a passively managed fund and does not attempt to outperform the index. Instead, it simply seeks to replicate its performance. The fund invests in the 500 largest U.S. stocks by market capitalization and is heavily weighted towards the technology and financial sectors. The top 10 holdings of the ETF account for more than 25% of its total assets.
The ETF is suitable for investors who are looking for a low-cost, passively managed way to gain exposure to the U.S. stock market. It can be used to gain exposure to the entire U.S. stock market in a single trade and as a core holding in a portfolio. The fund is also suitable for investors who are looking for diversification and long-term growth potential.
IVV ETF is suitable for investors with a long-term investment horizon and who are looking for broad exposure to the U.S. stock market. Investors should be aware that the fund is heavily weighted towards the technology and financial sectors and may be subject to greater volatility than a more diversified fund. Investors should also be aware of the fund’s expense ratio and the potential for trading costs.
The iShares Core S&P 500 ETF (ticker symbol: IVV) is an exchange-traded fund (ETF) that tracks the performance of the S&P 500 Index, a broad market index that measures the performance of the 500 largest companies in the United States. The ETF seeks to provide investment results that correspond generally to the price and yield performance of the S&P 500 Index.
The fund is managed by BlackRock and was launched in May 2000. The iShares Core S&P 500 ETF has an expense ratio of 0.03%, which is below the category average of 0.08%. The fund is traded on the NYSE Arca exchange and has an average daily volume of over 16 million shares.
The fund invests in the stocks of the S&P 500 Index, which includes stocks from all 11 sectors in the US economy. The fund’s top 10 holdings account for 25.2% of the fund’s total assets and include Apple, Microsoft, Amazon, Facebook, Alphabet, Johnson & Johnson, JPMorgan Chase, ExxonMobil, Berkshire Hathaway, and Visa.
The fund has a total net asset value of $405.4 billion and has returned an average of 11.6% per year over the past 5 years. The fund’s performance is similar to the S&P 500 Index, which has returned an average of 11.7% over the same period.
The iShares Core S&P 500 ETF is an attractive option for investors who are looking for a low-cost way to gain access to the broad US market. The fund’s low expense ratio and broad exposure to the US market make it a great long-term investment option.
