iShares Core S&P 500 ETF Sees Unusually Large Options Volume (NYSEARCA:IVV)

iShares Core S&P 500 ETF (NYSEARCA:IVVGet Free Report) saw unusually large options trading activity on Tuesday. Traders purchased 3,309 call options on the company. This is an increase of 65% compared to the average daily volume of 2,001 call options.

iShares Core S&P 500 ETF Trading Up 2.9%

Shares of NYSEARCA IVV opened at $653.21 on Wednesday. The company has a 50 day simple moving average of $680.51 and a two-hundred day simple moving average of $679.82. The stock has a market cap of $718.01 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $700.97.

iShares Core S&P 500 ETF News Roundup

Here are the key news stories impacting iShares Core S&P 500 ETF this week:

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

Hedge funds have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares Core S&P 500 ETF by 1.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,837,717 shares of the company’s stock worth $23,176,806,000 after buying an additional 409,816 shares during the last quarter. Marshall Wace LLP raised its position in iShares Core S&P 500 ETF by 17.9% during the fourth quarter. Marshall Wace LLP now owns 32,452,900 shares of the company’s stock valued at $22,228,289,000 after acquiring an additional 4,928,585 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in iShares Core S&P 500 ETF by 0.7% in the third quarter. Envestnet Asset Management Inc. now owns 28,570,831 shares of the company’s stock valued at $19,122,455,000 after acquiring an additional 201,983 shares during the period. Creative Planning lifted its holdings in iShares Core S&P 500 ETF by 2.3% in the third quarter. Creative Planning now owns 22,735,267 shares of the company’s stock valued at $15,216,714,000 after acquiring an additional 505,293 shares during the period. Finally, Bank of America Corp DE boosted its position in iShares Core S&P 500 ETF by 27.7% in the 4th quarter. Bank of America Corp DE now owns 21,696,475 shares of the company’s stock worth $14,860,784,000 after purchasing an additional 4,709,612 shares in the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

About iShares Core S&P 500 ETF

(Get Free Report)

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.

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