Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as $765.78 and last traded at $765.57, with a volume of 200849 shares traded. The stock had previously closed at $761.32.
iShares Core S&P 500 ETF Price Performance
The stock has a market capitalization of $894.73 billion, a PE ratio of 25.10 and a beta of 1.00. The company has a 50 day moving average price of $748.63 and a 200-day moving average price of $713.63.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the stock. Belpointe Asset Management LLC lifted its holdings in iShares Core S&P 500 ETF by 4.5% in the fourth quarter. Belpointe Asset Management LLC now owns 39,767 shares of the ETF’s stock valued at $27,239,000 after acquiring an additional 1,700 shares during the period. Hubbell Strickland Wealth Management LLC raised its holdings in iShares Core S&P 500 ETF by 2.0% during the fourth quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the ETF’s stock valued at $27,172,000 after acquiring an additional 792 shares during the period. Atria Investments Inc lifted its holdings in iShares Core S&P 500 ETF by 14.0% in the 4th quarter. Atria Investments Inc now owns 251,381 shares of the ETF’s stock worth $172,181,000 after purchasing an additional 30,777 shares in the last quarter. M&T Bank Corp lifted its holdings in shares of iShares Core S&P 500 ETF by 0.8% in the fourth quarter. M&T Bank Corp now owns 1,309,001 shares of the ETF’s stock worth $896,587,000 after buying an additional 10,723 shares in the last quarter. Finally, FDx Advisors Inc. lifted its stake in shares of iShares Core S&P 500 ETF by 40.7% in the 4th quarter. FDx Advisors Inc. now owns 13,997 shares of the ETF’s stock valued at $9,587,000 after purchasing an additional 4,051 shares during the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.
iShares Core S&P 500 ETF Company Profile
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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