Investors Buy Large Volume of iShares Core S&P 500 ETF Call Options (NYSEARCA:IVV)

by · The Cerbat Gem

iShares Core S&P 500 ETF (NYSEARCA:IVV – Get Free Report) was the target of unusually large options trading activity on Tuesday. Stock traders bought 4,056 call options on the stock. This represents an increase of approximately 82% compared to the typical volume of 2,231 call options.

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

Hedge funds have recently made changes to their positions in the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in iShares Core S&P 500 ETF by 3.5% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 28,713 shares of the company’s stock worth $17,828,000 after purchasing an additional 974 shares during the period. RWA Wealth Partners LLC raised its holdings in shares of iShares Core S&P 500 ETF by 5.0% during the second quarter. RWA Wealth Partners LLC now owns 188,694 shares of the company’s stock valued at $117,160,000 after purchasing an additional 9,023 shares during the period. Cape Investment Advisory Inc. boosted its position in shares of iShares Core S&P 500 ETF by 35.9% during the 2nd quarter. Cape Investment Advisory Inc. now owns 2,807 shares of the company’s stock worth $1,743,000 after purchasing an additional 741 shares in the last quarter. Tradewinds LLC. boosted its position in shares of iShares Core S&P 500 ETF by 9.1% during the 2nd quarter. Tradewinds LLC. now owns 2,842 shares of the company’s stock worth $1,765,000 after purchasing an additional 237 shares in the last quarter. Finally, Beutel Goodman & Co Ltd. acquired a new stake in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at about $660,000. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Down 0.9%

NYSEARCA:IVV traded down $6.16 during mid-day trading on Tuesday, hitting $677.99. The stock had a trading volume of 1,822,782 shares, compared to its average volume of 6,754,778. The company has a 50 day simple moving average of $678.13 and a 200-day simple moving average of $650.47. The stock has a market capitalization of $711.55 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 52 week low of $484.00 and a 52 week high of $693.07.

iShares Core S&P 500 ETF Company Profile

(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.

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