iShares Core S&P 500 ETF (NYSEARCA:IVV) Reaches New 52-Week Low – Here’s What Happened

iShares Core S&P 500 ETF (NYSEARCA:IVV) reached a new 52-week low on Monday . The company traded as low as $484.00 and last traded at $485.58, with a volume of 1821666 shares traded. The stock had previously closed at $507.61.

iShares Core S&P 500 ETF Trading Down 0.2 %

The firm has a 50 day moving average of $585.52 and a 200-day moving average of $589.36. The company has a market cap of $521.57 billion, a P/E ratio of 24.79 and a beta of 1.01.

Institutional Investors Weigh In On iShares Core S&P 500 ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Windsor Advisory Group LLC increased its holdings in iShares Core S&P 500 ETF by 100.0% in the 4th quarter. Windsor Advisory Group LLC now owns 50 shares of the company’s stock valued at $29,000 after acquiring an additional 25 shares during the last quarter. SYM FINANCIAL Corp bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $30,000. Murphy & Mullick Capital Management Corp purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth about $30,000. Modus Advisors LLC bought a new position in iShares Core S&P 500 ETF during the fourth quarter valued at approximately $32,000. Finally, Sellwood Investment Partners LLC purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at approximately $32,000.

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.