D.A. Davidson & CO. lifted its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) by 3.6% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 189,312 shares of the ETF’s stock after purchasing an additional 6,637 shares during the period. iShares Core S&P 500 ETF accounts for about 0.8% of D.A. Davidson & CO.’s investment portfolio, making the stock its 25th biggest holding. D.A. Davidson & CO.’s holdings in iShares Core S&P 500 ETF were worth $144,985,000 at the end of the most recent reporting period.
Other institutional investors have also recently modified their holdings of the company. Essential Investment Partners LLC raised its holdings in shares of iShares Core S&P 500 ETF by 2.8% in the third quarter. Essential Investment Partners LLC now owns 1,492 shares of the ETF’s stock worth $1,143,000 after acquiring an additional 40 shares during the last quarter. BOKF NA lifted its stake in shares of iShares Core S&P 500 ETF by 1.6% during the third quarter. BOKF NA now owns 133,356 shares of the ETF’s stock valued at $102,131,000 after buying an additional 2,136 shares during the period. ICW Investment Advisors LLC purchased a new position in shares of iShares Core S&P 500 ETF during the third quarter valued at approximately $201,000. Sterling Investment Advisors LLC ADV grew its stake in iShares Core S&P 500 ETF by 1.8% in the 3rd quarter. Sterling Investment Advisors LLC ADV now owns 39,136 shares of the ETF’s stock worth $29,972,000 after acquiring an additional 705 shares during the period. Finally, DecisionPoint Financial LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 21.4% during the third quarter. DecisionPoint Financial LLC now owns 1,293 shares of the ETF’s stock worth $992,000 after purchasing an additional 228 shares during the last quarter. 70.12% of the stock is currently owned by hedge funds and other institutional investors.
iShares Core S&P 500 ETF Price Performance
IVV opened at $759.18 on Friday. iShares Core S&P 500 ETF has a 12 month low of $632.14 and a 12 month high of $785.03. The business has a 50-day moving average of $770.86 and a two-hundred day moving average of $731.81. The stock has a market capitalization of $870.48 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.
Key Headlines Impacting iShares Core S&P 500 ETF
- 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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Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report).
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