Cassilly Financial Group LLC Purchases 3,673 Shares of iShares Core S&P 500 ETF $IVV

Cassilly Financial Group LLC increased its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 50.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,995 shares of the ETF’s stock after acquiring an additional 3,673 shares during the quarter. iShares Core S&P 500 ETF comprises approximately 5.7% of Cassilly Financial Group LLC’s investment portfolio, making the stock its 4th biggest holding. Cassilly Financial Group LLC’s holdings in iShares Core S&P 500 ETF were worth $8,421,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Punch & Associates Investment Management Inc. raised its holdings in iShares Core S&P 500 ETF by 50.0% in the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after purchasing an additional 14 shares during the period. Hidden Cove Wealth Management LLC grew its holdings in shares of iShares Core S&P 500 ETF by 3.5% in the 2nd quarter. Hidden Cove Wealth Management LLC now owns 409 shares of the ETF’s stock valued at $306,000 after buying an additional 14 shares during the period. Matthew Goff Investment Advisor LLC grew its holdings in shares of iShares Core S&P 500 ETF by 2.6% in the 1st quarter. Matthew Goff Investment Advisor LLC now owns 590 shares of the ETF’s stock valued at $386,000 after buying an additional 15 shares during the period. Richards Merrill & Peterson Inc. increased its position in shares of iShares Core S&P 500 ETF by 2.8% in the 1st quarter. Richards Merrill & Peterson Inc. now owns 556 shares of the ETF’s stock valued at $363,000 after buying an additional 15 shares in the last quarter. Finally, Sharp Wealth Advisory LLC increased its position in shares of iShares Core S&P 500 ETF by 1.3% in the 1st quarter. Sharp Wealth Advisory LLC now owns 1,159 shares of the ETF’s stock valued at $757,000 after buying an additional 15 shares in the last quarter. Institutional investors and hedge funds own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

IVV stock traded down $1.96 during midday trading on Wednesday, hitting $780.58. 3,644,072 shares of the company’s stock were exchanged, compared to its average volume of 7,929,292. The stock’s fifty day moving average price is $769.24 and its 200-day moving average price is $740.72. The company has a market cap of $897.20 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a one year low of $632.14 and a one year 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: Analysts expect S&P 500 earnings growth of nearly 30% year over year in the third quarter, while Deutsche Bank forecasts growth as high as 34%—well above consensus. Continued artificial-intelligence demand and a cyclical recovery could support further gains across IVV’s holdings. Deutsche Bank sees S&P 500 earnings growth holding at record in Q3
• Positive Sentiment: The S&P 500 recently reached a record high as technology and AI-related stocks advanced, while Treasury yields eased from recent highs. This remains a supportive backdrop for IVV, whose largest positions include major technology companies. S&P 500 hits record high as AI stocks rise and Treasury yields ease further
• Neutral Sentiment: Investor sentiment has improved into the neutral zone, and futures have remained near record levels. However, markets are awaiting Federal Reserve meeting minutes and additional third-quarter earnings for confirmation that the rally can continue. Stock Market: Will S&P 500 Open Up or Down Today?
• Negative Sentiment: Concentration risk is increasing: NVIDIA, Apple and Microsoft now represent roughly 21% of the S&P 500. Any pullback in these heavily weighted stocks could disproportionately pressure IVV, even if the broader market remains stable. Three Stocks Are Now 21% of the S&P 500, the Most Ever
• Negative Sentiment: Higher Treasury yields, rising oil prices and renewed U.S.-Iran geopolitical tensions could weigh on valuations and increase volatility. Several mega-cap technology stocks also appear overbought after their recent rally. Stock Market Today: S&P 500, Nasdaq Futures Hover Near Record Highs

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.