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

iShares Core S&P 500 ETF (NYSEARCA:IVV) saw unusually large options trading activity on Tuesday. Stock investors bought 7,119 call options on the company. This represents an increase of approximately 320% compared to the typical daily volume of 1,695 call options.

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

Several institutional investors have recently bought and sold shares of IVV. Corient Private Wealth LLC increased its stake in shares of iShares Core S&P 500 ETF by 400.8% in the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the company’s stock worth $11,935,288,000 after buying an additional 13,946,081 shares during the period. Capula Management Ltd grew its holdings in iShares Core S&P 500 ETF by 1,374.6% in the 1st quarter. Capula Management Ltd now owns 9,094,984 shares of the company’s stock worth $5,940,934,000 after acquiring an additional 8,478,226 shares during the last quarter. Schonfeld Strategic Advisors LLC grew its holdings in iShares Core S&P 500 ETF by 3,927.5% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the company’s stock worth $5,590,424,000 after acquiring an additional 7,959,263 shares during the last quarter. Millennium Management LLC increased its position in shares of iShares Core S&P 500 ETF by 93.3% in the fourth quarter. Millennium Management LLC now owns 14,494,278 shares of the company’s stock valued at $9,927,711,000 after acquiring an additional 6,995,145 shares during the period. Finally, Walleye Capital LLC bought a new position in shares of iShares Core S&P 500 ETF during the fourth quarter valued at about $4,531,611,000. 70.12% of the stock is currently owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

iShares Core S&P 500 ETF stock traded down $6.89 during mid-day trading on Tuesday, hitting $740.89. The company’s stock had a trading volume of 1,539,613 shares, compared to its average volume of 8,589,374. The business has a 50 day moving average price of $735.30 and a 200-day moving average price of $701.23. iShares Core S&P 500 ETF has a 12 month low of $606.31 and a 12 month high of $764.00. The stock has a market cap of $818.13 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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. 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.