iShares Core S&P 500 ETF $IVV Shares Sold by CX Institutional

CX Institutional trimmed its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.0% in the third quarter, Holdings Channel.com reports. The fund owned 34,570 shares of the ETF’s stock after selling 712 shares during the period. CX Institutional’s holdings in iShares Core S&P 500 ETF were worth $26,476,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. GoalVest Advisory LLC lifted its position in shares of iShares Core S&P 500 ETF by 23.2% in the 3rd quarter. GoalVest Advisory LLC now owns 790 shares of the ETF’s stock worth $605,000 after buying an additional 149 shares during the last quarter. Stairway Partners LLC grew its position in shares of iShares Core S&P 500 ETF by 2.6% during the 3rd quarter. Stairway Partners LLC now owns 212,083 shares of the ETF’s stock valued at $162,424,000 after buying an additional 5,417 shares during the last quarter. Global Wealth Strategies & Associates grew its position in shares of iShares Core S&P 500 ETF by 13.1% during the 3rd quarter. Global Wealth Strategies & Associates now owns 922 shares of the ETF’s stock valued at $706,000 after buying an additional 107 shares during the last quarter. First Financial Bank Trust Division raised its stake in iShares Core S&P 500 ETF by 5.2% during the third quarter. First Financial Bank Trust Division now owns 98,759 shares of the ETF’s stock worth $75,635,000 after acquiring an additional 4,882 shares during the period. Finally, Roxbury Financial LLC raised its stake in iShares Core S&P 500 ETF by 2.7% during the third quarter. Roxbury Financial LLC now owns 5,784 shares of the ETF’s stock worth $4,430,000 after acquiring an additional 154 shares during the period. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Trading Up 0.7%

NYSEARCA IVV traded up $5.72 during trading hours on Friday, reaching $773.10. The company’s stock had a trading volume of 5,150,439 shares, compared to its average volume of 7,963,424. The business has a 50-day simple moving average of $767.14 and a 200 day simple moving average of $738.42. iShares Core S&P 500 ETF has a 52 week low of $632.14 and a 52 week high of $783.09. The stock has a market cap of $888.76 billion, a PE 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: Stocks rallied on Friday after a jobs-related market move, leaving the S&P 500 only fractionally lower for the week and supporting IVV. S&P 500 Snapshot: Stocks Rally to Close Out Flat Week
• Positive Sentiment: Lower oil prices, helped by reports of potential European reserve releases, improved the premarket backdrop by easing inflation concerns. Oversold market breadth also raised expectations for a technical rebound in the S&P 500. S&P500: Futures Rise as Oil Retreats Before Payrolls S&P 500 Forecast: Oversold Breadth Signals Rally as 7600 Support Nears
• Positive Sentiment: Strong second-quarter earnings and continued demand for Nvidia’s Vera Rubin artificial-intelligence platform are helping support major S&P 500 constituents. The index’s lower forward valuation compared with a year ago may also provide room for gains if earnings remain resilient. The S&P 500 Is Near an All-Time High but Trading at Its Lowest Valuation in a Year
• Neutral Sentiment: Twilio will join the S&P 500 as Warner Bros. Discovery leaves following its planned merger with Paramount. The change affects index composition but does not materially alter IVV’s overall diversification. Here’s who’s joining the S&P 500 in the index’s latest shakeup
• Negative Sentiment: Elevated Treasury yields and a hawkish Federal Reserve remain headwinds for stocks, while financial shares recently lagged the broader market by the widest margin in decades. Bank Stocks Are Lagging the S&P 500 by the Most Since 1990

About iShares Core S&P 500 ETF

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.