iShares Core S&P 500 ETF (NYSEARCA:IVV) Reaches New 52-Week High at $576.13

iShares Core S&P 500 ETF (NYSEARCA:IVV)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $576.13 and last traded at $575.88, with a volume of 1163912 shares traded. The stock had previously closed at $574.58.

iShares Core S&P 500 ETF Price Performance

The company has a market capitalization of $496.52 billion, a PE ratio of 25.23 and a beta of 0.99. The stock’s 50 day simple moving average is $553.88 and its 200-day simple moving average is $537.78.

Institutional Trading of iShares Core S&P 500 ETF

A number of institutional investors and hedge funds have recently bought and sold shares of IVV. JPMorgan Chase & Co. raised its holdings in 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 valued at $10,599,462,000 after acquiring an additional 7,615,287 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in iShares Core S&P 500 ETF by 21.3% in the second quarter. Envestnet Asset Management Inc. now owns 36,046,952 shares of the company’s stock valued at $19,725,973,000 after acquiring an additional 6,319,531 shares in the last quarter. Marshall Wace LLP raised its holdings in iShares Core S&P 500 ETF by 34.5% in the second quarter. Marshall Wace LLP now owns 22,513,000 shares of the company’s stock valued at $12,319,789,000 after acquiring an additional 5,774,400 shares in the last quarter. Squarepoint Ops LLC raised its holdings in iShares Core S&P 500 ETF by 125.6% in the second quarter. Squarepoint Ops LLC now owns 4,400,000 shares of the company’s stock valued at $2,407,812,000 after acquiring an additional 2,450,000 shares in the last quarter. Finally, Alberta Investment Management Corp acquired a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $1,128,876,000.

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.