Indiana Trust Buys Big in Tech ETFs, Sells Noted Stocks

As of June 30, 2026, the portfolio managed by Indiana Trust & Investment Management Co has reached a total value of $364 million. The firm's investment strategy this quarter saw notable shifts across various sectors.

Prominent Purchases in Tech ETFs

Indiana Trust demonstrated strong interest in technology during the second quarter, significantly boosting its positions in several prominent exchange-traded funds (ETFs).

• The firm increased its stake in iShares Russell 1000 Growth Index (IWF) by an impressive 297.93%, making it one of their most significant buying moves.
• Intel Corp Com (INTC) shares saw a substantial rise, growing by 1064.46% from the previous quarter.
• Vanguard Info Tech ETF (VGT) allocation expanded dramatically with a 700.0% increase in holdings.
• KLA Corp (KLAC), an individual tech stock, was added to their portfolio for the first time.
• Furthermore, Vanguard Growth ETF (VUG) experienced significant growth of approximately 500%, adding another substantial position.

Their buying activity in these large-cap tech and growth-oriented funds suggests confidence in broader market trends within this sector. For more details on IWF: IWF. On Intel: INTC. On KLA Corp: KLAC.

Notable Sales and Exits

In contrast to their buying activity, Indiana Trust also reduced or exited positions in certain stocks during the quarter.

• Their stake in Amphenol Corp New Com Cl A (APH) decreased by nearly 97.55%.
• APA Corporation saw a reduction of about 44.97% in holdings.

However, the data does not show any decreases or exits from existing large positions held at the end of the quarter.

Tech Sector Dominance Continues

The Technology sector remains a cornerstone of Indiana Trust's portfolio allocation.

• Alongside their ETF purchases, they also hold substantial individual tech stocks like Nvidia Corp Com (NVDA), Apple Computer Inc Com (AAPL), and Oracle Corp Com (ORCL).

Nvidia saw a small increase in shares (+0.21%), while Apple actually decreased holdings (-2.4%). Despite these minor adjustments, the overall tech allocation strength is clear.

Financial Services Addition

The firm also added to its Financial Services exposure by increasing its stake in 1st Source Corp Com (SRCE), a bank holding company ETF represented by this stock.

• This addition, alongside their existing positions like JP Morgan Chase & Co Com (JPM) and State Street SPDR S&P 500 ETF Trust (SPY), diversifies their approach beyond pure equities.

For more information on SRCE: SRCE.

Detailed Holdings Changes

The complete picture of this quarter's activity is provided in the changed_holdings data.

• Key purchases included IWF, INTc, VGT, KLAC, and VUG.
• Sales or reductions were noted for APH and APA.

The firm's strategy appears focused on capitalizing on growth narratives through ETFs while selectively adding individual tech names. Their portfolio now includes holdings in various sectors including Technology (21.98%), Financial Services (10.73%), Healthcare, Consumer Cyclical, Communication Services, and Industrials.