Sterling Investment Advisors LLC ADV lifted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 1.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,136 shares of the ETF’s stock after acquiring an additional 705 shares during the quarter. iShares Core S&P 500 ETF accounts for about 13.2% of Sterling Investment Advisors LLC ADV’s investment portfolio, making the stock its 2nd largest holding. Sterling Investment Advisors LLC ADV’s holdings in iShares Core S&P 500 ETF were worth $29,972,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also recently made changes to their positions in the stock. DecisionPoint Financial LLC lifted its holdings in iShares Core S&P 500 ETF by 21.4% in the third quarter. DecisionPoint Financial LLC now owns 1,293 shares of the ETF’s stock valued at $992,000 after acquiring an additional 228 shares during the period. Beacon Advisors Holdings LLC boosted its position in iShares Core S&P 500 ETF by 1.4% in the third quarter. Beacon Advisors Holdings LLC now owns 24,515 shares of the ETF’s stock worth $18,775,000 after purchasing an additional 337 shares during the last quarter. WPG Advisers LLC boosted its position in iShares Core S&P 500 ETF by 0.8% in the third quarter. WPG Advisers LLC now owns 14,347 shares of the ETF’s stock worth $10,988,000 after purchasing an additional 120 shares during the last quarter. LaFleur & Godfrey LLC boosted its position in iShares Core S&P 500 ETF by 36.7% in the third quarter. LaFleur & Godfrey LLC now owns 495 shares of the ETF’s stock worth $379,000 after purchasing an additional 133 shares during the last quarter. Finally, Pinnacle Wealth Planning Services Inc. grew its stake in shares of iShares Core S&P 500 ETF by 12.2% during the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 9,747 shares of the ETF’s stock valued at $7,465,000 after purchasing an additional 1,057 shares during the period. 70.12% of the stock is owned by hedge funds and other institutional investors.
iShares Core S&P 500 ETF News Roundup
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 Stock Down 1.8%
iShares Core S&P 500 ETF stock opened at $759.18 on Friday. iShares Core S&P 500 ETF has a 52-week low of $632.14 and a 52-week high of $785.03. The company has a market cap of $870.48 billion, a P/E ratio of 25.10 and a beta of 1.00. The business has a 50-day simple moving average of $770.86 and a two-hundred day simple moving average of $731.81.
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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