iShares Core S&P 500 ETF (NYSEARCA:IVV) Hits New 12-Month High at $568.52

iShares Core S&P 500 ETF (NYSEARCA:IVV) reached a new 52-week high on Tuesday . The company traded as high as $568.52 and last traded at $568.52, with a volume of 15734 shares changing hands. The stock had previously closed at $565.99.

iShares Core S&P 500 ETF Trading Up 0.4 %

The stock has a market cap of $490.13 billion, a P/E ratio of 25.23 and a beta of 0.99. The business has a 50-day simple moving average of $553.03 and a 200 day simple moving average of $535.79.

Institutional Trading of iShares Core S&P 500 ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Burkett Financial Services LLC bought a new position in iShares Core S&P 500 ETF during the fourth quarter worth $31,000. 1620 Investment Advisors Inc. bought a new position in iShares Core S&P 500 ETF in the 2nd quarter valued at $36,000. Thompson Investment Management Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the 1st quarter valued at $37,000. Covestor Ltd grew its position in iShares Core S&P 500 ETF by 321.1% during the first quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after buying an additional 61 shares during the period. Finally, Ables Iannone Moore & Associates Inc. purchased a new stake in iShares Core S&P 500 ETF during the fourth quarter worth about $44,000.

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.