The iShares Core S&P 500 ETF (IVV) traded in a narrow 0.4% range this week, maintaining proximity to its all-time closing high set late last month. Fund flows totaled approximately $2.1 billion in the past five trading sessions, bolstering its assets under management to a fresh peak of $385.7 billion. Trading volume averaged 6.8 million shares per day, roughly in line with its 30-day average, as investors digested robust quarterly results from blue-chip constituents including a 12% revenue beat at Company A and a 9% earnings surprise at Company B. IVV’s slight pullback into midweek coincided with U.S. President Trump’s announcement of a new Federal Reserve nominee, which prompted a brief uptick in implied volatility on the SPX options curve. By Friday, rate-sensitive sectors within IVV, such as utilities and real estate, led inflows, suggesting rotating capital toward defensive holdings as market participants reassess monetary policy outlooks.