Wavvest Wealth LLC acquired a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) during the 3rd quarter, Holdings Channel reports. The fund acquired 11,611 shares of the ETF’s stock, valued at approximately $8,893,000. iShares Core S&P 500 ETF makes up 7.0% of Wavvest Wealth LLC’s holdings, making the stock its 2nd biggest holding.
Several other institutional investors and hedge funds have also modified their holdings of IVV. Kraft Davis & Associates LLC boosted its position in iShares Core S&P 500 ETF by 1.2% during the third quarter. Kraft Davis & Associates LLC now owns 31,415 shares of the ETF’s stock worth $24,238,000 after acquiring an additional 370 shares during the last quarter. Element Pointe Advisors LLC grew its stake in iShares Core S&P 500 ETF by 4.4% in the 3rd quarter. Element Pointe Advisors LLC now owns 326,863 shares of the ETF’s stock worth $250,328,000 after acquiring an additional 13,679 shares during the period. Guardian Partners Inc. grew its stake in iShares Core S&P 500 ETF by 10.8% in the 3rd quarter. Guardian Partners Inc. now owns 276 shares of the ETF’s stock worth $211,000 after acquiring an additional 27 shares during the period. Sawyer & Company Inc acquired a new position in iShares Core S&P 500 ETF in the 3rd quarter valued at $28,000. Finally, Fifth Third Securities Inc. raised its holdings in iShares Core S&P 500 ETF by 8.4% in the 3rd quarter. Fifth Third Securities Inc. now owns 105,308 shares of the ETF’s stock valued at $80,651,000 after acquiring an additional 8,184 shares during the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.
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: Technical analysts see the S&P 500’s pullback potentially nearing completion. Improving market breadth and favorable seasonality could support a move toward 8,125 if the index holds above 7,507, which would benefit IVV. S&P 500: Seasonality and Market Breadth Suggest Pullback Near Completion as Elliott Wave Pattern Targets 8,125
- Positive Sentiment: Several bullish forecasts remain supportive of the ETF. Goldman Sachs reportedly expects the S&P 500 to reach 8,000 by year-end and 8,700 by the end of 2027, while a UBS portfolio manager sees a potential 9,500 level by June 2027, citing artificial intelligence, longevity, and energy investment. Goldman Sachs S&P 500 Forecast UBS S&P 500 Forecast
- Positive Sentiment: Fifth Third Securities increased its IVV position by 8.4% in the third quarter, adding 8,184 shares. The purchase provides a modest institutional-confidence signal, although it is not a major market-moving transaction. Fifth Third Securities Purchases IVV Shares
- Neutral Sentiment: IVV’s reported portfolio activity included sales of NVIDIA and Apple shares. Rebalancing can reduce concentration risk, but trimming two influential S&P 500 components may modestly limit upside if technology leadership continues. IVV Sold NVIDIA IVV Sells NVIDIA and Apple
- Negative Sentiment: Defensive sectors weakened while the Dow declined, and narrow buying in select semiconductor stocks only partly supported the Nasdaq. This indicates fragile market breadth and creates a headwind for IVV. Defensive Stocks Slide
- Negative Sentiment: Early trading sentiment was pressured by elevated oil prices, geopolitical stalemates, and regulatory scrutiny of prediction markets. Separately, widening credit spreads and higher investment-grade bond yields signal increasing concern about leverage and AI infrastructure spending. Stock Market Outlook S&P 500 Credit Risks
iShares Core S&P 500 ETF Stock Performance
Shares of IVV opened at $763.25 on Friday. iShares Core S&P 500 ETF has a fifty-two week low of $632.14 and a fifty-two week high of $785.03. The company has a market capitalization of $875.64 billion, a PE ratio of 25.10 and a beta of 1.00. The stock has a fifty day moving average of $771.07 and a two-hundred day moving average of $751.15.
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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