Investors Purchase Large Volume of iShares Core S&P 500 ETF Put Options (NYSEARCA:IVV)

iShares Core S&P 500 ETF (NYSEARCA:IVV) was the recipient of some unusual options trading activity on Monday. Traders acquired 5,365 put options on the stock. This represents an increase of approximately 543% compared to the typical daily volume of 835 put options.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $591.11 on Tuesday. The company has a market capitalization of $510.07 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. The business has a 50 day moving average of $579.39 and a 200 day moving average of $556.87. iShares Core S&P 500 ETF has a 1-year low of $452.58 and a 1-year high of $603.09.

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

A number of hedge funds and other institutional investors have recently modified their holdings of IVV. Safe Harbor Fiduciary LLC bought a new position in shares of iShares Core S&P 500 ETF during the third quarter valued at about $33,000. 1620 Investment Advisors Inc. bought a new position in iShares Core S&P 500 ETF during the 2nd quarter valued at approximately $36,000. Cedar Wealth Management LLC lifted its holdings in iShares Core S&P 500 ETF by 139.3% in the 3rd quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after buying an additional 39 shares during the period. Kennebec Savings Bank bought a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter worth approximately $40,000. Finally, Covestor Ltd increased its stake in shares of 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.

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.