Should I buy the iShares S&P 500 ETF (IVV) at all-time highs or wait?
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Investors in the iShares S&P 500 ETF (ASX: IVV) will no doubt be rejoicing today. This exchange-traded fund (ETF) has just hit a new all-time high. Yep, IV units closed at $51.68 yesterday, but opened at $51.70 this morning before pushing up to $51.74 each – this index fund‘s new all-time high.
Of course, today’s new high watermark is just the latest in a series of fresh new highs for the iShares S&P 500 ETF.
This fund has been on an extraordinary run in recent months. IVV units are now up more than 11% in just 2024 so far, as well as up a whopping 30.7% over the past 12 months. Investors have also enjoyed a gain of over 95.5% over the past five years.
Like most of the recent IVV highs, today’s…
