iShares Core S&P 500 ETF (NYSEARCA:IVV) Hits New 1-Year High at $565.01

Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) reached a new 52-week high during trading on Thursday . The stock traded as high as $565.01 and last traded at $564.59, with a volume of 289321 shares traded. The stock had previously closed at $564.25.

iShares Core S&P 500 ETF Stock Down 0.8 %

The firm’s fifty day moving average price is $537.76 and its 200 day moving average price is $514.34. The stock has a market cap of $482.91 billion, a PE ratio of 25.23 and a beta of 0.99.

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

Hedge funds have recently modified their holdings of the stock. Eukles Asset Management increased its position in iShares Core S&P 500 ETF by 126.9% in the fourth quarter. Eukles Asset Management now owns 59 shares of the company’s stock worth $28,000 after purchasing an additional 33 shares during the last quarter. Burkett Financial Services LLC bought a new position in iShares Core S&P 500 ETF during the fourth quarter valued at $31,000. Thompson Investment Management Inc. bought a new position in iShares Core S&P 500 ETF during the first quarter valued at $37,000. Covestor Ltd increased 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 acquiring an additional 61 shares during the last quarter. Finally, Ables Iannone Moore & Associates Inc. bought a new position in iShares Core S&P 500 ETF during the fourth quarter valued at $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.