Parker Investment Management LLC Buys 35,932 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Parker Investment Management LLC boosted its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 36.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 133,918 shares of the company’s stock after purchasing an additional 35,932 shares during the quarter. iShares Core S&P 500 ETF comprises 12.3% of Parker Investment Management LLC’s investment portfolio, making the stock its 3rd biggest position. Parker Investment Management LLC’s holdings in iShares Core S&P 500 ETF were worth $77,247,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. 1620 Investment Advisors Inc. acquired a new stake in iShares Core S&P 500 ETF in the second quarter valued at about $36,000. Cedar Wealth Management LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 139.3% in the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock worth $39,000 after acquiring an additional 39 shares during the last quarter. Kennebec Savings Bank acquired a new stake in shares of iShares Core S&P 500 ETF in the 3rd quarter valued at approximately $40,000. Brooklyn Investment Group bought a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $42,000. Finally, Peterson Financial Group Inc. acquired a new position in iShares Core S&P 500 ETF during the 3rd quarter worth approximately $46,000.

iShares Core S&P 500 ETF Trading Up 0.0 %

Shares of IVV stock opened at $606.96 on Wednesday. The business’s 50-day moving average price is $586.95 and its 200-day moving average price is $562.82. iShares Core S&P 500 ETF has a 12 month low of $456.45 and a 12 month high of $607.30. The firm has a market capitalization of $523.75 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

iShares Core S&P 500 ETF Profile

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market.