iShares Core S&P 500 ETF (NYSEARCA:IVV) Sets New 52-Week High at $568.52

iShares Core S&P 500 ETF (NYSEARCA:IVV) hit a new 52-week high on Tuesday . The stock traded as high as $568.52 and last traded at $568.52, with a volume of 15734 shares changing hands. The stock had previously closed at $565.99.

iShares Core S&P 500 ETF Stock Up 0.4 %

The firm has a market capitalization of $490.13 billion, a PE ratio of 25.23 and a beta of 0.99. The stock has a 50-day simple moving average of $553.03 and a 200-day simple moving average of $535.79.

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

Large investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its position 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 valued at $10,599,462,000 after acquiring an additional 7,615,287 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of iShares Core S&P 500 ETF by 21.3% during 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 buying an additional 6,319,531 shares during the period. Marshall Wace LLP raised its holdings in shares of iShares Core S&P 500 ETF by 34.5% during 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 lifted its stake 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 worth $2,407,812,000 after acquiring an additional 2,450,000 shares during the period. Finally, Alberta Investment Management Corp bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at $1,128,876,000.

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.