iShares Core S&P 500 ETF (NYSEARCA:IVV) Sets New 1-Year High at $555.31

iShares Core S&P 500 ETF (NYSEARCA:IVV)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as $555.31 and last traded at $555.24, with a volume of 224374 shares traded. The stock had previously closed at $554.33.

iShares Core S&P 500 ETF Price Performance

The business has a fifty day moving average of $533.59 and a 200 day moving average of $511.72. The stock has a market cap of $479.44 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC grew its stake in shares of iShares Core S&P 500 ETF by 42,439.0% in the fourth quarter. International Assets Investment Management LLC now owns 8,628,195 shares of the company’s stock worth $4,121,085,000 after acquiring an additional 8,607,912 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares Core S&P 500 ETF by 60.7% in the first quarter. JPMorgan Chase & Co. now owns 20,161,417 shares of the company’s stock worth $10,599,462,000 after acquiring an additional 7,615,287 shares during the last quarter. Morgan Stanley grew its stake in shares of iShares Core S&P 500 ETF by 42.9% in the third quarter. Morgan Stanley now owns 17,592,483 shares of the company’s stock worth $7,554,741,000 after acquiring an additional 5,277,616 shares during the last quarter. Alberta Investment Management Corp bought a new position in iShares Core S&P 500 ETF in the fourth quarter worth $1,128,876,000. Finally, Pathstone Holdings LLC bought a new position in iShares Core S&P 500 ETF in the fourth quarter worth $1,083,439,000.

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.