Parsons Capital Management Inc. RI Decreases Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

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Parsons Capital Management Inc. RI decreased its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,041 shares of the company’s stock after selling 167 shares during the period. iShares Core S&P 500 ETF makes up 0.9% of Parsons Capital Management Inc. RI’s portfolio, making the stock its 23rd biggest position. Parsons Capital Management Inc. RI’s holdings in iShares Core S&P 500 ETF were worth $8,265,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Proffitt & Goodson Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the first quarter worth about $35,000. Ayalon Holdings Ltd. purchased a new position in iShares Core S&P 500 ETF in the first quarter valued at about $40,000. Manchester Financial Inc. purchased a new position in iShares Core S&P 500 ETF in the second quarter valued at about $43,000. WP Advisors LLC purchased a new position in iShares Core S&P 500 ETF in the first quarter valued at about $59,000. Finally, Capital Investment Counsel Inc purchased a new position in iShares Core S&P 500 ETF in the first quarter valued at about $79,000.

IVV traded up $0.82 on Thursday, reaching $286.42. The company’s stock had a trading volume of 393,406 shares, compared to its average volume of 4,093,628. iShares Core S&P 500 ETF has a 1 year low of $235.46 and a 1 year high of $303.98. The firm has a 50 day moving average of $297.70.

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.

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Institutional Ownership by Quarter for iShares Core S&P 500 ETF (NYSEARCA:IVV)

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