iShares Core S&P 500 ETF (NYSEARCA:IVV) Sets New 1-Year High – Still a Buy?

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

iShares Core S&P 500 ETF Stock Performance

The firm has a market cap of $528.70 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The business has a fifty day moving average of $598.56 and a two-hundred day moving average of $577.13.

Institutional Trading of iShares Core S&P 500 ETF

Several large investors have recently bought and sold shares of IVV. Compass Ion Advisors LLC increased its stake in shares of iShares Core S&P 500 ETF by 27.5% during the 3rd quarter. Compass Ion Advisors LLC now owns 10,567 shares of the company’s stock worth $6,096,000 after purchasing an additional 2,278 shares in the last quarter. Bluesphere Advisors LLC increased its position in iShares Core S&P 500 ETF by 1.8% during the third quarter. Bluesphere Advisors LLC now owns 77,786 shares of the company’s stock worth $44,869,000 after buying an additional 1,405 shares in the last quarter. Daiwa Securities Group Inc. increased its position in iShares Core S&P 500 ETF by 35.9% during the third quarter. Daiwa Securities Group Inc. now owns 360,213 shares of the company’s stock worth $207,778,000 after buying an additional 95,234 shares in the last quarter. Fifth Third Wealth Advisors LLC raised its holdings in shares of iShares Core S&P 500 ETF by 23.3% in the third quarter. Fifth Third Wealth Advisors LLC now owns 357,365 shares of the company’s stock worth $206,135,000 after acquiring an additional 67,472 shares during the last quarter. Finally, Trinity Wealth Management LLC lifted its position in shares of iShares Core S&P 500 ETF by 5.0% in the third quarter. Trinity Wealth Management LLC now owns 1,738 shares of the company’s stock valued at $1,003,000 after acquiring an additional 83 shares in the last quarter.

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.