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

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

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

Institutional investors have recently added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC bought a new position in iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $33,000. 1620 Investment Advisors Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the second quarter worth $36,000. Cedar Wealth Management LLC increased its holdings in shares of iShares Core S&P 500 ETF by 139.3% during the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after acquiring an additional 39 shares in the last quarter. Kennebec Savings Bank purchased a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter worth about $40,000. Finally, Brooklyn Investment Group bought a new position in iShares Core S&P 500 ETF in the 3rd quarter worth about $42,000.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $591.11 on Tuesday. iShares Core S&P 500 ETF has a fifty-two week low of $452.58 and a fifty-two week high of $603.09. 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’s 50 day moving average price is $579.39 and its two-hundred day moving average price is $556.87.

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.