iShares Core S&P 500 ETF (NYSEARCA:IVV) Hits New 12-Month High – Here’s Why

Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $612.70 and last traded at $612.70, with a volume of 4932793 shares changing hands. The stock had previously closed at $609.30.

iShares Core S&P 500 ETF Trading Down 0.3 %

The business’s fifty day moving average price is $599.34 and its 200 day moving average price is $577.74. The company has a market capitalization of $527.14 billion, a P/E ratio of 25.23 and a beta of 0.99.

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

Hedge funds have recently modified their holdings of the stock. Flavin Financial Services Inc. acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter worth approximately $2,597,000. Calamos Advisors LLC boosted its stake in iShares Core S&P 500 ETF by 0.5% in the fourth quarter. Calamos Advisors LLC now owns 14,878 shares of the company’s stock valued at $8,758,000 after acquiring an additional 76 shares during the last quarter. Columbus Macro LLC boosted its position in shares of iShares Core S&P 500 ETF by 30.4% in the 4th quarter. Columbus Macro LLC now owns 30,340 shares of the company’s stock worth $17,861,000 after purchasing an additional 7,069 shares during the last quarter. Trust Point Inc. boosted its holdings in iShares Core S&P 500 ETF by 0.7% during the fourth quarter. Trust Point Inc. now owns 13,090 shares of the company’s stock worth $7,706,000 after buying an additional 90 shares during the last quarter. Finally, Blodgett Wealth Advisors LLC grew its holdings in iShares Core S&P 500 ETF by 12.3% during the fourth quarter. Blodgett Wealth Advisors LLC now owns 4,323 shares of the company’s stock valued at $2,545,000 after purchasing an additional 475 shares during the period.

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.