Fifth Third Bancorp Sells 207,572 Shares of iShares Core S&P 500 ETF $IVV

Fifth Third Bancorp cut its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 6.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 3,028,825 shares of the ETF’s stock after selling 207,572 shares during the quarter. iShares Core S&P 500 ETF accounts for 3.8% of Fifth Third Bancorp’s investment portfolio, making the stock its 3rd biggest position. Fifth Third Bancorp’s holdings in iShares Core S&P 500 ETF were worth $2,319,626,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of IVV. Olistico Wealth LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter worth approximately $25,000. Punch & Associates Investment Management Inc. boosted its holdings in shares of iShares Core S&P 500 ETF by 50.0% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 42 shares of the ETF’s stock valued at $27,000 after buying an additional 14 shares during the last quarter. Sawyer & Company Inc acquired a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at approximately $28,000. Montgomery Financial Services LLC acquired a new stake in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at approximately $32,000. Finally, Virginia Estate & Retirement Planning Advisors Inc. bought a new position in shares of iShares Core S&P 500 ETF in the third quarter valued at $32,000. 70.12% of the stock is owned by institutional investors and hedge funds.

Top iShares Core S&P 500 ETF Stories

Investors following IVV have been watching these stories:

• Positive Sentiment: Futures also climbed as falling oil prices lifted market sentiment, providing a near-term tailwind for broad U.S. equities. Reuters article
• Neutral Sentiment: IVV’s holdings were updated to add Apple and Nvidia, reinforcing exposure to two major technology companies. This reflects portfolio composition rather than a separate catalyst for the ETF. Yahoo Finance article
• Negative Sentiment: Commentary highlighted a historically weak start to November and noted that the S&P 500’s prior weakest starts were followed by gains through the next April only half the time. Other analysis also raised the possibility of a correction, citing recent declines and tech-valuation risks. Historical performance article Correction risk article

iShares Core S&P 500 ETF Trading Up 1.3%

NYSEARCA:IVV opened at $763.08 on Thursday. The stock has a market capitalization of $885.17 billion, a PE ratio of 23.48 and a beta of 1.01. iShares Core S&P 500 ETF has a 1-year low of $632.14 and a 1-year high of $785.03. The firm has a fifty day simple moving average of $768.29 and a 200 day simple moving average of $734.29.

About iShares Core S&P 500 ETF

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.