Victory Financial Group LLC raised its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 42.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,109 shares of the ETF’s stock after buying an additional 930 shares during the quarter. Victory Financial Group LLC’s holdings in iShares Core S&P 500 ETF were worth $2,381,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Asset Management One Co. Ltd. boosted its position in shares of iShares Core S&P 500 ETF by 0.3% in the third quarter. Asset Management One Co. Ltd. now owns 3,263,041 shares of the ETF’s stock valued at $2,499,000,000 after acquiring an additional 10,021 shares during the period. WealthNavi Inc. grew its stake in shares of iShares Core S&P 500 ETF by 9.9% in the third quarter. WealthNavi Inc. now owns 772,596 shares of the ETF’s stock worth $591,693,000 after acquiring an additional 69,729 shares during the last quarter. Independence Bank of Kentucky increased its position in iShares Core S&P 500 ETF by 3.3% during the third quarter. Independence Bank of Kentucky now owns 7,431 shares of the ETF’s stock worth $5,691,000 after acquiring an additional 235 shares during the period. Ashton Thomas Securities LLC bought a new position in iShares Core S&P 500 ETF during the third quarter worth $31,380,000. Finally, MBE Wealth Management LLC raised its stake in iShares Core S&P 500 ETF by 0.7% during the 3rd quarter. MBE Wealth Management LLC now owns 18,432 shares of the ETF’s stock valued at $14,116,000 after purchasing an additional 127 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.
iShares Core S&P 500 ETF Price Performance
NYSEARCA:IVV opened at $759.18 on Friday. iShares Core S&P 500 ETF has a one year low of $632.14 and a one year high of $785.03. The company has a fifty day moving average price of $770.86 and a 200 day moving average price of $731.81. The stock has a market cap of $869.87 billion, a P/E ratio of 25.10 and a beta of 1.00.
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 Company 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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