The iShares Core S&P 500 ETF (IVV) reported a significant inflow of approximately $2.4 billion, marking a 0.3% increase in outstanding units from 1,095,750,000 to 1,099,350,000. This change was monitored during the week ending today.
As of the last trade, IVV is priced at $688.69, within a 52-week range of $484 to $700.97. Key components influencing this performance include Broadcom Inc (AVGO), which rose by 5.2%, while Meta Platforms Inc (META) decreased by 2.6%. Costco Wholesale Corp (COST) saw a modest increase of 0.5%.
The increase in outstanding units indicates robust investor demand, which may require the purchase of underlying holdings to support the ETF’s structure.
