iShares Core S&P 500 ETF $IVV Shares Sold by Steph & Co.

Steph & Co. trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 14.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 9,930 shares of the ETF’s stock after selling 1,686 shares during the period. iShares Core S&P 500 ETF makes up about 1.9% of Steph & Co.’s investment portfolio, making the stock its 12th biggest position. Steph & Co.’s holdings in iShares Core S&P 500 ETF were worth $7,605,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Corient Private Wealth LLC raised its position in iShares Core S&P 500 ETF by 400.8% in the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock worth $11,935,288,000 after purchasing an additional 13,946,081 shares in the last quarter. Capula Management Ltd lifted its stake in iShares Core S&P 500 ETF by 1,374.6% during the first quarter. Capula Management Ltd now owns 9,094,984 shares of the ETF’s stock worth $5,940,934,000 after purchasing an additional 8,478,226 shares during the period. Envestnet Asset Management Inc. boosted its holdings in iShares Core S&P 500 ETF by 25.6% during the second quarter. Envestnet Asset Management Inc. now owns 41,391,871 shares of the ETF’s stock valued at $30,997,946,000 after purchasing an additional 8,432,228 shares in the last quarter. Millennium Management LLC boosted its holdings in iShares Core S&P 500 ETF by 93.3% during the fourth quarter. Millennium Management LLC now owns 14,494,278 shares of the ETF’s stock valued at $9,927,711,000 after purchasing an additional 6,995,145 shares in the last quarter. Finally, Allianz Asset Management GmbH grew its stake in shares of iShares Core S&P 500 ETF by 242.8% in the 4th quarter. Allianz Asset Management GmbH now owns 8,324,104 shares of the ETF’s stock valued at $5,701,512,000 after purchasing an additional 5,895,837 shares during the period. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

Shares of IVV traded down $1.96 during mid-day trading on Wednesday, reaching $780.58. The company had a trading volume of 3,644,072 shares, compared to its average volume of 7,929,292. iShares Core S&P 500 ETF has a twelve month low of $632.14 and a twelve month high of $785.03. The company’s 50-day moving average is $770.19 and its 200-day moving average is $741.57. The company has a market capitalization of $897.20 billion, a P/E ratio of 25.10 and a beta of 1.00.

Key Stories Impacting iShares Core S&P 500 ETF

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

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.