iShares Core S&P 500 ETF (NYSEARCA:IVV) Reaches New 52-Week High at $513.09

The iShares Core S&P 500 ETF (NYSEARCAIVV) is a popular exchange-traded fund (ETF) that tracks the performance of the Standard & Poor's 500 index (S&P 500), which is made up of 500 large-cap stocks from various industries in the United States. The S&P 500 index is widely considered to be a benchmark for the overall health and performance of the U.S. stock market.

On August 17, 2021, the iShares Core S&P 500 ETF reached a new 52-week high of $513.09 per share. This means that the price of the ETF had increased by more than 10% since its previous 52-week low of $467.89, which was reached on July 7, 2021.

The increase in the price of the iShares Core S&P 500 ETF can be attributed to a number of factors, including strong economic growth in the United States, low interest rates, and continued support from the Federal Reserve. Additionally, many investors view the S&P 500 index as a safe-haven investment during times of market uncertainty, which has also contributed to its recent performance.

It's worth noting that while the iShares Core S&P 500 ETF reached a new 52-week high on August 17, 2021, it is important to remember that past performance is not necessarily indicative of future results. Investors should always conduct their own research and consider seeking advice from a financial advisor before making any investment decisions.