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

iShares Core S&P 500 ETF (NYSEARCA:IVV) was the target of unusually large options trading activity on Monday. Traders acquired 5,365 put options on the stock. This is an increase of 543% compared to the average daily volume of 835 put options.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV traded up $2.14 during midday trading on Monday, reaching $590.80. 1,795,250 shares of the stock traded hands, compared to its average volume of 5,053,033. The stock has a market capitalization of $509.80 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 12 month low of $452.58 and a 12 month high of $603.09. The company has a fifty day moving average of $578.55 and a 200 day moving average of $556.28.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. Quent Capital LLC increased its position in shares of iShares Core S&P 500 ETF by 6.8% during the first quarter. Quent Capital LLC now owns 14,076 shares of the company’s stock valued at $7,400,000 after buying an additional 899 shares during the period. Russell Investments Group Ltd. increased its position in shares of iShares Core S&P 500 ETF by 718.1% during the first quarter. Russell Investments Group Ltd. now owns 1,759 shares of the company’s stock valued at $925,000 after buying an additional 1,544 shares during the period. Vanguard Group Inc. increased its position in shares of iShares Core S&P 500 ETF by 10.0% during the first quarter. Vanguard Group Inc. now owns 24,698 shares of the company’s stock valued at $12,984,000 after buying an additional 2,252 shares during the period. Covestor Ltd increased its position in shares of iShares Core S&P 500 ETF by 321.1% during the first quarter. Covestor Ltd now owns 80 shares of the company’s stock valued at $42,000 after buying an additional 61 shares during the period. Finally, Rockport Wealth LLC purchased a new position in shares of iShares Core S&P 500 ETF during the first quarter valued at about $367,000.

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.