IVV Stock Summary and Trading Ideas (iShares Core S&P 500 ETF | ARCA:IVV)

The iShares S&P 500 Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of U.S. large-cap stocks as represented by the Standard & Poors 500 Index.

iShares Core S&P 500 ETF trades on the ARCA stock market under the symbol IVV.

As of April 19, 2024, IVV stock price declined to $497.40 with 3,571,966 million shares trading.

IVV has a beta of 1.00, meaning it tends to be more sensitive to market movements. IVV has a correlation of 1.00 to the broad based SPY ETF.

IVV has a market cap of $427.96 billion. This is considered a Mega Cap stock.

In the last 3 years, IVV stock traded as high as $527.16 and as low as $349.53.

IVV has outperformed the market in the last year with a return of +21.2%, while the SPY ETF gained +21.2%. In the last 3 month period, IVV beat the market returning +4.3%, while SPY returned +4.2%. However, in the most recent 2 weeks IVV has underperformed the stock market by returning -3.5%, while SPY returned -3.5%.

IVV support price is $497.82 and resistance is $505.94 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IVV stock will trade within this expected range on the day.