iShares Core S&P 500 ETF (NYSEARCA:IVV) is Parker Investment Management LLC’s 4th Largest Position

Parker Investment Management LLC lessened its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 14.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 114,619 shares of the company’s stock after selling 19,299 shares during the quarter. iShares Core S&P 500 ETF makes up about 10.5% of Parker Investment Management LLC’s investment portfolio, making the stock its 4th biggest position. Parker Investment Management LLC’s holdings in iShares Core S&P 500 ETF were worth $67,474,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in IVV. Nisa Investment Advisors LLC acquired a new stake in iShares Core S&P 500 ETF in the 4th quarter worth about $5,813,061,000. Proficio Capital Partners LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 40,255.6% during the 4th quarter. Proficio Capital Partners LLC now owns 8,128,820 shares of the company’s stock worth $4,785,274,000 after acquiring an additional 8,108,677 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth approximately $2,428,403,000. Alberta Investment Management Corp grew its holdings in iShares Core S&P 500 ETF by 121.2% in the fourth quarter. Alberta Investment Management Corp now owns 5,660,361 shares of the company’s stock valued at $3,332,141,000 after purchasing an additional 3,101,389 shares during the period. Finally, MKP Capital Management L.L.C. acquired a new position in iShares Core S&P 500 ETF during the fourth quarter worth approximately $1,568,883,000.

iShares Core S&P 500 ETF Stock Down 2.6 %

Shares of IVV opened at $563.44 on Tuesday. iShares Core S&P 500 ETF has a fifty-two week low of $496.30 and a fifty-two week high of $616.22. The company’s fifty day moving average is $598.50 and its two-hundred day moving average is $589.14. The firm has a market cap of $560.43 billion, a PE ratio of 26.66 and a beta of 1.01.

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.