Canvas Wealth Advisors LLC trimmed its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 6.8% during the second quarter, Holdings Channel reports. The firm owned 13,883 shares of the ETF’s stock after selling 1,014 shares during the quarter. iShares Core S&P 500 ETF comprises about 1.5% of Canvas Wealth Advisors LLC’s holdings, making the stock its 20th largest position. Canvas Wealth Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $10,397,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares Core S&P 500 ETF by 1.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the ETF’s stock worth $23,176,806,000 after buying an additional 409,816 shares in the last quarter. Marshall Wace LLP lifted its position in shares of iShares Core S&P 500 ETF by 17.9% during the 4th quarter. Marshall Wace LLP now owns 32,452,900 shares of the ETF’s stock valued at $22,228,289,000 after acquiring an additional 4,928,585 shares during the period. Creative Planning lifted its position in shares of iShares Core S&P 500 ETF by 2.3% during the 3rd quarter. Creative Planning now owns 22,735,267 shares of the ETF’s stock valued at $15,216,714,000 after acquiring an additional 505,293 shares during the period. Bank of America Corp DE boosted its stake in iShares Core S&P 500 ETF by 27.7% during the fourth quarter. Bank of America Corp DE now owns 21,696,475 shares of the ETF’s stock worth $14,860,784,000 after acquiring an additional 4,709,612 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its stake in iShares Core S&P 500 ETF by 400.8% during the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock worth $11,935,288,000 after acquiring an additional 13,946,081 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.
iShares Core S&P 500 ETF Trading Down 0.3%
NYSEARCA:IVV opened at $774.23 on Wednesday. iShares Core S&P 500 ETF has a 12 month low of $632.14 and a 12 month high of $780.64. The stock has a market capitalization of $899.31 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The firm has a fifty day simple moving average of $750.56 and a two-hundred day simple moving average of $717.16.
Key Headlines Impacting iShares Core S&P 500 ETF
- Positive Sentiment: J.P. Morgan raised its 2026 year-end S&P 500 target to 8,000 from 7,800, citing stronger corporate earnings and signs that large technology companies’ artificial-intelligence investments are beginning to generate faster revenue growth. This supports IVV because technology and other large-cap growth companies have significant weight in the ETF. J.P. Morgan lifts 2026-end target for S&P 500 to 8,000 on AI, earnings strength
- Positive Sentiment: Citi said bearish positioning has not fully capitulated even as the S&P 500 reaches records. If short sellers continue covering positions, that could provide additional buying pressure for IVV and the broader market. Bears are in pain as the S&P 500 hits record highs
- Positive Sentiment: Commentary citing Warren Buffett argues that stocks can remain attractive near record levels when valuations are reasonable relative to expected long-term earnings growth, supporting a buy-and-hold case for IVV. Should You Really Buy Stocks Right Now With the S&P 500 Near Its Record High?
- Neutral Sentiment: The S&P 500 is testing important resistance levels after a strong August advance. Options strategies such as bull call spreads indicate that some investors remain constructive but are seeking defined risk near current levels. Wary Bulls Can Take Advantage Of This Spread On The S&P 500
- Negative Sentiment: Technical analysts warned that weak breadth and overbought conditions could lead to consolidation or a pullback before a more durable rally, raising near-term volatility risk for IVV. S&P 500 Elliott Wave Update
- Negative Sentiment: All three major U.S. indexes pulled back in the latest session, while analysts highlighted technical levels that could encourage profit-taking and renewed concerns about September market risks. Review & Preview: The S&P 500 Pulls Back
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.
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