Schrum Private Wealth Management LLC Purchases 1,974 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Schrum Private Wealth Management LLC raised its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 107.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,812 shares of the company’s stock after buying an additional 1,974 shares during the period. iShares Core S&P 500 ETF comprises 1.9% of Schrum Private Wealth Management LLC’s portfolio, making the stock its 9th biggest position. Schrum Private Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $2,244,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Bellevue Asset Management LLC increased its holdings in iShares Core S&P 500 ETF by 63.2% during the 4th quarter. Bellevue Asset Management LLC now owns 302 shares of the company’s stock valued at $178,000 after purchasing an additional 117 shares in the last quarter. Freestone Capital Holdings LLC increased its stake in shares of iShares Core S&P 500 ETF by 2.3% in the fourth quarter. Freestone Capital Holdings LLC now owns 604,015 shares of the company’s stock valued at $355,572,000 after buying an additional 13,431 shares in the last quarter. Opulen Financial Group LLC bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at about $3,918,000. SP Asset Management LLC lifted its position in iShares Core S&P 500 ETF by 6.7% during the 4th quarter. SP Asset Management LLC now owns 4,153 shares of the company’s stock worth $2,445,000 after buying an additional 260 shares in the last quarter. Finally, Pinnacle Wealth Planning Services Inc. increased its position in iShares Core S&P 500 ETF by 0.5% in the 4th quarter. Pinnacle Wealth Planning Services Inc. now owns 8,357 shares of the company’s stock valued at $4,920,000 after acquiring an additional 39 shares in the last quarter.

iShares Core S&P 500 ETF Trading Up 1.1 %

Shares of IVV stock opened at $586.06 on Thursday. iShares Core S&P 500 ETF has a 1 year low of $496.30 and a 1 year high of $616.22. The firm’s 50 day moving average is $600.00 and its 200-day moving average is $588.73. The firm has a market capitalization of $582.92 billion, a price-to-earnings 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.