Canandaigua National Trust Co of Florida bought a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 693 shares of the ETF’s stock, valued at approximately $531,000.
A number of other institutional investors have also made changes to their positions in IVV. Exchange Bank lifted its holdings in iShares Core S&P 500 ETF by 10.2% during the 3rd quarter. Exchange Bank now owns 1,068 shares of the ETF’s stock valued at $818,000 after purchasing an additional 99 shares during the last quarter. Epiq Partners LLC raised its position in shares of iShares Core S&P 500 ETF by 9.5% in the third quarter. Epiq Partners LLC now owns 3,423 shares of the ETF’s stock valued at $2,622,000 after purchasing an additional 296 shares during the period. Baring Financial LLC raised its position in shares of iShares Core S&P 500 ETF by 2.7% in the third quarter. Baring Financial LLC now owns 24,806 shares of the ETF’s stock valued at $18,998,000 after purchasing an additional 642 shares during the period. Bath Savings Trust Co lifted its stake in shares of iShares Core S&P 500 ETF by 28.2% during the 3rd quarter. Bath Savings Trust Co now owns 5,916 shares of the ETF’s stock worth $4,531,000 after buying an additional 1,300 shares during the last quarter. Finally, Greenfield Savings Bank lifted its stake in shares of iShares Core S&P 500 ETF by 16.7% during the 3rd quarter. Greenfield Savings Bank now owns 994 shares of the ETF’s stock worth $761,000 after buying an additional 142 shares during the last quarter. 70.12% of the stock is owned by institutional investors and hedge funds.
iShares Core S&P 500 ETF Stock Performance
Shares of IVV stock traded down $1.96 during midday trading on Wednesday, hitting $780.58. 3,644,072 shares of the company were exchanged, compared to its average volume of 7,929,292. iShares Core S&P 500 ETF has a 52 week low of $632.14 and a 52 week high of $785.03. The firm has a market capitalization of $897.20 billion, a P/E ratio of 25.10 and a beta of 1.00. The firm’s 50 day moving average price is $769.24 and its two-hundred day moving average price is $740.72.
iShares Core S&P 500 ETF News Roundup
- 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.
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