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

iShares Core S&P 500 ETF (NYSEARCA:IVV) saw some unusual options trading on Tuesday. Stock traders purchased 4,056 call options on the company. This represents an increase of approximately 82% compared to the average daily volume of 2,231 call options.

iShares Core S&P 500 ETF Trading Down 1.1%

Shares of IVV stock opened at $672.41 on Thursday. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $693.07. The company has a market capitalization of $705.69 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The stock’s fifty day simple moving average is $678.20 and its 200-day simple moving average is $651.25.

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

A number of institutional investors have recently bought and sold shares of the business. Alternative Investment Advisors LLC. lifted its position in shares of iShares Core S&P 500 ETF by 3.5% in the third quarter. Alternative Investment Advisors LLC. now owns 203,479 shares of the company’s stock worth $136,188,000 after purchasing an additional 6,904 shares in the last quarter. Keel Point LLC increased its stake in iShares Core S&P 500 ETF by 13.9% in the 3rd quarter. Keel Point LLC now owns 7,796 shares of the company’s stock valued at $5,218,000 after buying an additional 951 shares during the period. Harbour Investment Management LLC purchased a new stake in iShares Core S&P 500 ETF in the 3rd quarter worth approximately $651,000. Farmers National Bank lifted its position in iShares Core S&P 500 ETF by 3.9% in the 3rd quarter. Farmers National Bank now owns 1,695 shares of the company’s stock worth $1,134,000 after buying an additional 63 shares in the last quarter. Finally, Tudor Investment Corp ET AL boosted its stake in shares of iShares Core S&P 500 ETF by 56.4% during the 3rd quarter. Tudor Investment Corp ET AL now owns 19,427 shares of the company’s stock valued at $13,002,000 after buying an additional 7,007 shares during the period. 70.12% of the stock is currently owned by institutional investors and hedge funds.

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.