Parker Investment Management LLC Increases Holdings in iShares Core S&P 500 ETF $IVV

Parker Investment Management LLC grew its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 41.0% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 180,497 shares of the ETF’s stock after buying an additional 52,524 shares during the period. iShares Core S&P 500 ETF accounts for approximately 17.9% of Parker Investment Management LLC’s investment portfolio, making the stock its largest holding. Parker Investment Management LLC’s holdings in iShares Core S&P 500 ETF were worth $117,903,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Corient Private Wealth LLC increased its position in iShares Core S&P 500 ETF by 400.8% in the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the ETF’s stock worth $11,935,288,000 after purchasing an additional 13,946,081 shares during the period. Schonfeld Strategic Advisors LLC lifted its position in iShares Core S&P 500 ETF by 3,927.5% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the ETF’s stock valued at $5,590,424,000 after purchasing an additional 7,959,263 shares during the period. Millennium Management LLC boosted its stake in shares of iShares Core S&P 500 ETF by 93.3% in the 4th quarter. Millennium Management LLC now owns 14,494,278 shares of the ETF’s stock valued at $9,927,711,000 after purchasing an additional 6,995,145 shares during the last quarter. Walleye Capital LLC bought a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $4,531,611,000. Finally, Marshall Wace LLP grew its position in shares of iShares Core S&P 500 ETF by 28.5% during the 3rd quarter. Marshall Wace LLP now owns 27,524,315 shares of the ETF’s stock worth $18,422,024,000 after buying an additional 6,101,936 shares during the period. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $750.93 on Thursday. The stock has a market cap of $885.83 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The company has a 50 day moving average of $748.67 and a 200-day moving average of $710.73. iShares Core S&P 500 ETF has a one year low of $622.31 and a one year high of $764.00.

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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.