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

Parker Investment Management LLC grew its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,039 shares of the company’s stock after buying an additional 2,825 shares during the quarter. iShares Core S&P 500 ETF makes up 7.6% of Parker Investment Management LLC’s portfolio, making the stock its 5th largest position. Parker Investment Management LLC’s holdings in iShares Core S&P 500 ETF were worth $63,610,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Americana Partners LLC increased its position in iShares Core S&P 500 ETF by 21.8% during the third quarter. Americana Partners LLC now owns 6,635 shares of the company’s stock worth $4,441,000 after buying an additional 1,187 shares during the last quarter. Forza Wealth Management LLC lifted its position in iShares Core S&P 500 ETF by 28.7% during the third quarter. Forza Wealth Management LLC now owns 6,457 shares of the company’s stock worth $4,322,000 after purchasing an additional 1,438 shares during the period. Fonville Wealth Management LLC increased its stake in iShares Core S&P 500 ETF by 121.3% in the third quarter. Fonville Wealth Management LLC now owns 5,882 shares of the company’s stock valued at $3,937,000 after acquiring an additional 3,224 shares during the last quarter. Fortitude Family Office LLC raised its holdings in shares of iShares Core S&P 500 ETF by 13.4% during the 3rd quarter. Fortitude Family Office LLC now owns 49,231 shares of the company’s stock worth $32,950,000 after buying an additional 5,800 shares in the last quarter. Finally, Community Trust & Investment Co. raised its stake in iShares Core S&P 500 ETF by 29.9% during the third quarter. Community Trust & Investment Co. now owns 4,314 shares of the company’s stock worth $2,887,000 after acquiring an additional 992 shares in the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Price Performance

IVV stock opened at $698.54 on Tuesday. The company has a 50 day simple moving average of $689.55 and a 200 day simple moving average of $670.00. The stock has a market cap of $765.98 billion, a price-to-earnings 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 $700.97.

About iShares Core S&P 500 ETF

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.