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

iShares Core S&P 500 ETF (NYSEARCA:IVVGet Free Report)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $728.39 and last traded at $726.98, with a volume of 8391927 shares. The stock had previously closed at $721.39.

Key iShares Core S&P 500 ETF News

Here are the key news stories impacting iShares Core S&P 500 ETF this week:

iShares Core S&P 500 ETF Price Performance

The company has a market cap of $802.77 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The business has a 50 day simple moving average of $682.60 and a 200 day simple moving average of $684.49.

Institutional Investors Weigh In On iShares Core S&P 500 ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Americana Partners LLC increased its holdings in shares of iShares Core S&P 500 ETF by 21.8% in the third quarter. Americana Partners LLC now owns 6,635 shares of the company’s stock worth $4,441,000 after acquiring an additional 1,187 shares in the last quarter. Forza Wealth Management LLC increased its holdings in shares of iShares Core S&P 500 ETF by 28.7% in the third quarter. Forza Wealth Management LLC now owns 6,457 shares of the company’s stock worth $4,322,000 after acquiring an additional 1,438 shares in the last quarter. Legacy Private Trust Co. increased its holdings in shares of iShares Core S&P 500 ETF by 1.1% in the fourth quarter. Legacy Private Trust Co. now owns 333,049 shares of the company’s stock worth $228,119,000 after acquiring an additional 3,711 shares in the last quarter. Coyle Financial Counsel LLC increased its holdings in shares of iShares Core S&P 500 ETF by 7.1% in the third quarter. Coyle Financial Counsel LLC now owns 107,161 shares of the company’s stock worth $71,723,000 after acquiring an additional 7,120 shares in the last quarter. Finally, Hubbell Strickland Wealth Management LLC increased its holdings in shares of iShares Core S&P 500 ETF by 2.0% in the fourth quarter. Hubbell Strickland Wealth Management LLC now owns 39,670 shares of the company’s stock worth $27,172,000 after acquiring an additional 792 shares in the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Company Profile

(Get Free Report)

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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