iShares Core S&P 500 ETF $IVV is Parallel Advisors LLC’s Largest Position

Parallel Advisors LLC raised its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 4.6% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 731,911 shares of the company’s stock after purchasing an additional 32,007 shares during the period. iShares Core S&P 500 ETF comprises about 9.1% of Parallel Advisors LLC’s investment portfolio, making the stock its largest position. Parallel Advisors LLC’s holdings in iShares Core S&P 500 ETF were worth $454,443,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Activest Wealth Management lifted its position in iShares Core S&P 500 ETF by 1.5% during the first quarter. Activest Wealth Management now owns 1,144 shares of the company’s stock valued at $643,000 after buying an additional 17 shares during the period. Greenfield Savings Bank raised its position in shares of iShares Core S&P 500 ETF by 2.0% in the 2nd quarter. Greenfield Savings Bank now owns 869 shares of the company’s stock worth $540,000 after purchasing an additional 17 shares during the last quarter. Graham Capital Wealth Management LLC raised its position in shares of iShares Core S&P 500 ETF by 2.8% in the 1st quarter. Graham Capital Wealth Management LLC now owns 660 shares of the company’s stock worth $371,000 after purchasing an additional 18 shares during the last quarter. GK Wealth Management LLC raised its position in shares of iShares Core S&P 500 ETF by 1.5% in the 1st quarter. GK Wealth Management LLC now owns 1,183 shares of the company’s stock worth $665,000 after purchasing an additional 18 shares during the last quarter. Finally, Foresight Capital Management Advisors Inc. raised its position in shares of iShares Core S&P 500 ETF by 0.3% in the 1st quarter. Foresight Capital Management Advisors Inc. now owns 7,048 shares of the company’s stock worth $3,960,000 after purchasing an additional 19 shares during the last quarter. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

IVV opened at $660.72 on Monday. The stock has a 50-day moving average price of $640.31 and a 200-day moving average price of $597.37. The firm has a market cap of $665.54 billion, a PE ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1 year low of $484.00 and a 1 year high of $662.46.

iShares Core S&P 500 ETF Company 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.