iShares Core S&P 500 ETF $IVV is Parcion Private Wealth LLC’s Largest Position

Parcion Private Wealth LLC increased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 39,668.3% during the second quarter, Holdings Channel.com reports. The firm owned 917,058 shares of the company’s stock after buying an additional 914,752 shares during the period. iShares Core S&P 500 ETF makes up 29.2% of Parcion Private Wealth LLC’s holdings, making the stock its biggest holding. Parcion Private Wealth LLC’s holdings in iShares Core S&P 500 ETF were worth $569,401,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Flaharty Asset Management LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 1st quarter worth approximately $28,000. Lord & Richards Wealth Management LLC purchased a new position in iShares Core S&P 500 ETF in the 1st quarter worth $31,000. Cheviot Value Management LLC purchased a new stake in iShares Core S&P 500 ETF in the first quarter valued at approximately $52,000. Hager Investment Management Services LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at $61,000. Finally, Rice Partnership LLC grew its position in iShares Core S&P 500 ETF by 460.0% during the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after purchasing an additional 92 shares during the period. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.6%

Shares of IVV stock opened at $674.97 on Friday. The stock has a market cap of $707.94 billion, a P/E ratio of 25.10 and a beta of 1.00. The stock has a 50 day moving average of $660.21 and a 200 day moving average of $617.66. iShares Core S&P 500 ETF has a twelve month low of $484.00 and a twelve month high of $677.20.

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.