Sterling Financial Planning Inc. decreased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 6.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,539 shares of the ETF’s stock after selling 743 shares during the period. iShares Core S&P 500 ETF accounts for approximately 2.4% of Sterling Financial Planning Inc.’s portfolio, making the stock its 14th biggest position. Sterling Financial Planning Inc.’s holdings in iShares Core S&P 500 ETF were worth $8,838,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of IVV. Olistico Wealth LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter worth about $25,000. Punch & Associates Investment Management Inc. lifted its holdings in shares of iShares Core S&P 500 ETF by 50.0% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after buying an additional 14 shares during the last quarter. Sawyer & Company Inc acquired a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at about $28,000. Montgomery Financial Services LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the 2nd quarter valued at about $32,000. Finally, Virginia Estate & Retirement Planning Advisors Inc. bought a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at approximately $32,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Stock Performance
Shares of NYSEARCA IVV opened at $759.18 on Friday. The stock has a market cap of $870.48 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The business has a 50 day simple moving average of $770.86 and a 200 day simple moving average of $731.81. iShares Core S&P 500 ETF has a 52 week low of $632.14 and a 52 week high of $785.03.
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: S&P 500 companies posted an estimated 29.5% year-over-year earnings growth in the third quarter, marking a rare third consecutive quarter of growth above 25%. Strong underlying earnings could provide longer-term support for IVV if the results continue to outweigh valuation concerns. Here’s What the S&P 500 Did the Last 2 Times Its Earnings Grew 25%-Plus for 3 Straight Quarters
- Positive Sentiment: Long-term performance data and Warren Buffett’s continued endorsement of low-cost S&P 500 index funds reinforce IVV’s appeal as a diversified, buy-and-hold investment, although historical returns do not guarantee future gains. Warren Buffett Says Most Investors Should Buy the S&P 500
- Neutral Sentiment: Index changes adding Okta and removing Kenvue may prompt routine buying and selling by funds that track the S&P 500. The adjustments are unlikely to materially change IVV’s overall risk profile. Okta Stock Can Find More Buyers as It Joins the S&P 500
- Neutral Sentiment: A sharp decline in Reddit affected a thematic fund more than broad S&P 500 index funds, suggesting limited direct impact on IVV. Own an S&P 500 Fund? Reddit’s Slide Affects You More Than You Think
- Negative Sentiment: The S&P 500 fell for a third consecutive week, with a technology sell-off weighing on the index and IVV. S&P 500 Snapshot: Stocks Edge Lower for 3rd Straight Week
- Negative Sentiment: The market’s Fear reading and a reported plunge in Alphabet shares point to continued risk aversion, particularly toward highly valued technology stocks that carry significant weight in IVV. S&P 500 Ends Three-Day Surge as Alphabet Shares Plunge
- Negative Sentiment: Monthly moving-average signals show a more cautious trend-following backdrop, with the Ivy Portfolio shifting some allocations to cash. This reinforces concerns about near-term momentum in the broader market. Moving Averages of the Ivy Portfolio and S&P 500
iShares Core S&P 500 ETF Profile
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.
Further Reading
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