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 18, 2024, IVV stock price declined to $501.88 with 3,735,041 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 $431.11 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 +22.4%, while the SPY ETF gained +22.3%. However, in the most recent history, IVV shares have underperformed the stock market with its stock returning +6.1% in the last 3 month period and -3.9% for the last 2 week period, while SPY has returned +6.1% and -3.8%, respectively.

IVV support price is $498.92 and resistance is $507.16 (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.