IVV 0.18% $348.91 ishares s&p 500 etf

anyone know the deal is with IVV It seems to do the opposite of...

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    anyone know the deal is with IVV

    It seems to do the opposite of what happenned in the US overnight on a regular basis. Isn't it meant to track the S and P 500 ? The last 2 days it has dropped even though the S and P 500 has been up ?

    Cheers in advance
 
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Currently unlisted public company.

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