(IVV) iShares Core SP500 - Ratings and Ratios

The iShares Core S&P 500 ETF (NYSE ARCA: IVV) tracks the performance of the S&P 500 Index, which represents the large-capitalization sector of the U.S. equity market. The fund is designed to provide exposure to 500 of the largest publicly traded companies in the U.S., as determined by S&P Dow Jones Indices (SPDJI). The ETF employs a replication strategy, investing at least 80% of its assets in the component securities of the S&P 500 Index or in investments with substantially identical economic characteristics. The remaining 20% may be allocated to derivatives such as futures, options, and swap contracts, as well as cash and cash equivalents, to enhance efficiency or manage risk.

With an average daily trading volume of 7,034,850 shares and assets under management (AUM) of $548.65 billion, IVV is one of the most liquid and widely held ETFs in the market. It serves as a core holding for investors seeking broad exposure to the U.S. large-cap equity market. The fund is listed on the NYSE ARCA and is classified under the Large Blend ETF category, reflecting its focus on large-cap stocks and its diversified exposure across various sectors.

From a technical perspective, IVV is currently trading at $528.67, below its 20-day, 50-day, and 200-day simple moving averages (SMAs), which stand at $545.75, $570.56, and $573.02, respectively. This indicates a recent downtrend in price. The Average True Range (ATR) of 15.86 suggests moderate volatility, with potential price fluctuations of approximately 3-4% over the short term.

Based on current technical and fundamental data, the 3-month outlook for IVV is as follows:

• Technical Data: The funds price is below its key SMAs, signaling bearish momentum in the near term. However, the ATR of 15.86 indicates that volatility is manageable, and the fund could potentially stabilize if it regains support at its 200-day SMA.
• Fundamental Data: The S&P 500 Index, which IVV tracks, is heavily influenced by corporate earnings, macroeconomic trends, and Federal Reserve policy. With the U.S. economy showing signs of slowing growth and potential interest rate adjustments, large-cap equities may experience continued pressure but could also benefit from their defensive characteristics.

Overall, IVV is expected to remain a stable but volatile investment in the next three months, with price movements closely tied to broader market conditions and economic indicators.