iShares Core S&P 500 ETF (NYSEARCA:IVV – Get Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $765.78 and last traded at $765.57, with a volume of 200849 shares. The stock had previously closed at $761.32.
iShares Core S&P 500 ETF Stock Performance
The stock has a market cap of $894.73 billion, a PE ratio of 25.10 and a beta of 1.00. The company’s 50-day moving average price is $748.63 and its two-hundred day moving average price is $713.63.
Hedge Funds Weigh In On iShares Core S&P 500 ETF
A number of large investors have recently modified their holdings of IVV. Keenan LLC purchased a new position in shares of iShares Core S&P 500 ETF in the fourth quarter worth $26,000. Punch & Associates Investment Management Inc. boosted its holdings 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 purchasing an additional 14 shares during the period. Decker Retirement Planning Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the fourth quarter worth about $29,000. GS Investments Inc. grew its stake in shares of iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock worth $30,000 after purchasing an additional 20 shares during the last quarter. Finally, Allied Private Wealth LLC bought a new stake in shares of iShares Core S&P 500 ETF in the second quarter worth about $33,000. 70.12% of the stock is owned by hedge funds and other institutional investors.
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.
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