iShares Core S&P 500 ETF (NYSEARCA:IVV) Hits New 1-Year High – What’s Next?

iShares Core S&P 500 ETF (NYSEARCA:IVVGet Free Report) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $717.44 and last traded at $716.75, with a volume of 1114285 shares changing hands. The stock had previously closed at $711.74.

More iShares Core S&P 500 ETF News

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

iShares Core S&P 500 ETF Price Performance

The firm has a market cap of $787.61 billion, a PE ratio of 25.10 and a beta of 1.00. The business has a fifty day moving average price of $678.81 and a two-hundred day moving average price of $682.20.

Hedge Funds Weigh In On iShares Core S&P 500 ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Corient Private Wealth LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 400.8% during the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the company’s stock worth $11,935,288,000 after purchasing an additional 13,946,081 shares during the period. Schonfeld Strategic Advisors LLC lifted its position in iShares Core S&P 500 ETF by 3,927.5% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the company’s stock worth $5,590,424,000 after buying an additional 7,959,263 shares in the last quarter. Millennium Management LLC boosted its stake in shares of iShares Core S&P 500 ETF by 93.3% during the 4th quarter. Millennium Management LLC now owns 14,494,278 shares of the company’s stock valued at $9,927,711,000 after buying an additional 6,995,145 shares during the period. Walleye Capital LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $4,531,611,000. Finally, Marshall Wace LLP grew its holdings in shares of iShares Core S&P 500 ETF by 28.5% during the 3rd quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock valued at $18,422,024,000 after acquiring an additional 6,101,936 shares in the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for iShares Core S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.