Parker Investment Management LLC Has $117.90 Million Stock Holdings in iShares Core S&P 500 ETF $IVV

Parker Investment Management LLC lifted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 41.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 180,497 shares of the ETF’s stock after acquiring an additional 52,524 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 17.9% of Parker Investment Management LLC’s holdings, 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 quarter.

Other large investors have also bought and sold shares of the company. Keenan LLC bought a new position in iShares Core S&P 500 ETF in the 4th quarter valued at $26,000. Decker Retirement Planning Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at $29,000. GS Investments Inc. raised its holdings in shares of iShares Core S&P 500 ETF by 83.3% in the fourth quarter. GS Investments Inc. now owns 44 shares of the ETF’s stock valued at $30,000 after buying an additional 20 shares during the last quarter. Palouse Capital Management Inc. bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $38,000. Finally, Imprint Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF in the third quarter valued at about $39,000. 70.12% of the stock is currently owned by institutional investors.

iShares Core S&P 500 ETF Stock Down 0.1%

Shares of NYSEARCA IVV opened at $750.93 on Thursday. iShares Core S&P 500 ETF has a 12-month low of $622.31 and a 12-month high of $764.00. The firm’s 50-day simple moving average is $748.67 and its 200 day simple moving average is $710.73. The company has a market cap of $885.83 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

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.