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

iShares Core S&P 500 ETF (NYSEARCA:IVV)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $592.29 and last traded at $591.34, with a volume of 808031 shares trading hands. The stock had previously closed at $579.49.

iShares Core S&P 500 ETF Price Performance

The company’s fifty day simple moving average is $572.18 and its 200-day simple moving average is $551.18. The firm has a market capitalization of $512.50 billion, a PE ratio of 25.23 and a beta of 0.99.

Institutional Trading of iShares Core S&P 500 ETF

Several large investors have recently added to or reduced their stakes in IVV. Quent Capital LLC raised its position in iShares Core S&P 500 ETF by 6.8% in the 1st quarter. Quent Capital LLC now owns 14,076 shares of the company’s stock valued at $7,400,000 after purchasing an additional 899 shares in the last quarter. VeraBank N.A. increased its stake in iShares Core S&P 500 ETF by 5.5% in the 1st quarter. VeraBank N.A. now owns 25,286 shares of the company’s stock valued at $13,294,000 after buying an additional 1,322 shares during the period. Embree Financial Group boosted its stake in shares of iShares Core S&P 500 ETF by 26.6% in the first quarter. Embree Financial Group now owns 3,043 shares of the company’s stock valued at $1,600,000 after buying an additional 639 shares in the last quarter. Richardson Financial Services Inc. raised its stake in shares of iShares Core S&P 500 ETF by 423.3% during the 1st quarter. Richardson Financial Services Inc. now owns 539 shares of the company’s stock worth $283,000 after buying an additional 436 shares during the last quarter. Finally, Noesis Capital Mangement Corp acquired a new position in shares of iShares Core S&P 500 ETF in the first quarter worth $204,000.

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.