1,245 iShares Core S&P 500 ETF $IVV Shares Sold by Steele Capital Management Inc.

Steele Capital Management Inc. reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 376,352 shares of the ETF’s stock after selling 1,245 shares during the quarter. iShares Core S&P 500 ETF accounts for 10.7% of Steele Capital Management Inc.’s portfolio, making the stock its largest position. Steele Capital Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $288,229,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Olistico Wealth LLC purchased a new stake in iShares Core S&P 500 ETF in the third quarter valued at approximately $25,000. Sawyer & Company Inc acquired a new position in iShares Core S&P 500 ETF during the third quarter worth $28,000. Punch & Associates Investment Management Inc. boosted its position in shares of iShares Core S&P 500 ETF by 50.0% during the first quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock worth $27,000 after buying an additional 14 shares during the period. Virginia Estate & Retirement Planning Advisors Inc. purchased a new position in shares of iShares Core S&P 500 ETF during the third quarter worth $32,000. Finally, Allied Private Wealth LLC purchased a new position in shares of iShares Core S&P 500 ETF during the second quarter worth $33,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

Trending Headlines about iShares Core S&P 500 ETF

Here are the key news stories impacting iShares Core S&P 500 ETF this week:

• Positive Sentiment: History may support a constructive outlook: the article notes that the S&P 500 has posted positive returns in each of the last 19 midterm-election years, and 2026 returns have been above average for a midterm year so far. Midterms Are Over. Here’s What History Says the S&P 500 Does Next.
• Positive Sentiment: U.S. equity futures rebounded as bargain hunters stepped in, offering potential support to IVV; however, the move was described as short-covering rather than a confirmed trend reversal. Nasdaq 100 and S&P500: Tech Stocks Rally as Short-Covering Tests Bearish Trend
• Neutral Sentiment: IVV reported buying $394.7 million more Oracle shares on Nov. 4. This adds to the ETF’s exposure to Oracle but does not by itself indicate investor inflows into IVV. iShares Core S&P 500 (IVV) Buys $394.7 Million More Oracle on Nov. 4
• Negative Sentiment: Concerns about AI funding and chip weakness could pressure major technology holdings. The S&P 500 is also concentrated: six mega-cap companies account for 30.8% of the index, making IVV more exposed to their performance than its broad label may suggest. These 6 Stocks Make Up a Big Share of the S&P 500
• Negative Sentiment: Market direction remains uncertain as investors await the October jobs report, following a sharp tech-led selloff. Weak employment data or continued technology-sector pressure could weigh on the index. Stock Market: Will S&P 500 Open Up or Down Today?

iShares Core S&P 500 ETF Stock Performance

Shares of NYSEARCA IVV traded up $2.47 during trading on Friday, reaching $738.68. The stock had a trading volume of 6,998,724 shares, compared to its average volume of 7,645,767. 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 business’s 50-day moving average price is $769.02 and its 200-day moving average price is $733.29. The company has a market cap of $850.92 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.