Stockman Wealth Management Inc. cut its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 7.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,518 shares of the ETF’s stock after selling 689 shares during the period. Stockman Wealth Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $6,524,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Diversify Advisory Services LLC raised its stake in shares of iShares Core S&P 500 ETF by 28.7% during the 3rd quarter. Diversify Advisory Services LLC now owns 165,212 shares of the ETF’s stock worth $128,066,000 after buying an additional 36,853 shares in the last quarter. Blalock Williams LLC increased its holdings in iShares Core S&P 500 ETF by 74.9% during the 2nd quarter. Blalock Williams LLC now owns 16,650 shares of the ETF’s stock valued at $12,469,000 after acquiring an additional 7,130 shares in the last quarter. Elevated Financial Group LLC raised its position in shares of iShares Core S&P 500 ETF by 27.7% during the 3rd quarter. Elevated Financial Group LLC now owns 75,609 shares of the ETF’s stock worth $57,905,000 after purchasing an additional 16,379 shares during the last quarter. Prairie Advisory LLC lifted its position in shares of iShares Core S&P 500 ETF by 123.1% in the third quarter. Prairie Advisory LLC now owns 16,558 shares of the ETF’s stock valued at $12,681,000 after acquiring an additional 9,135 shares in the last quarter. Finally, Farmers & Merchants Investments Inc. lifted its holdings in iShares Core S&P 500 ETF by 0.5% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 392,437 shares of the ETF’s stock valued at $300,548,000 after purchasing an additional 1,848 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.
iShares Core S&P 500 ETF Stock Performance
Shares of NYSEARCA IVV opened at $759.18 on Friday. iShares Core S&P 500 ETF has a 1 year low of $632.14 and a 1 year high of $785.03. The firm’s 50 day moving average price is $770.86 and its 200 day moving average price is $731.81. The firm has a market cap of $869.87 billion, a P/E ratio of 25.10 and a beta of 1.00.
Key Stories Impacting iShares Core S&P 500 ETF
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.
See Also
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