Schrum Private Wealth Management LLC Has $2.24 Million Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Schrum Private Wealth Management LLC grew its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 107.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,812 shares of the company’s stock after purchasing an additional 1,974 shares during the quarter. iShares Core S&P 500 ETF comprises 1.9% of Schrum Private Wealth Management LLC’s portfolio, making the stock its 9th biggest holding. 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 quarter.

Other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of iShares Core S&P 500 ETF by 11.7% in the third quarter. JPMorgan Chase & Co. now owns 20,924,985 shares of the company’s stock valued at $12,069,951,000 after purchasing an additional 2,187,803 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in iShares Core S&P 500 ETF by 1.3% in the 4th quarter. Bank of New York Mellon Corp now owns 13,904,814 shares of the company’s stock valued at $8,185,485,000 after buying an additional 183,962 shares during the period. Jones Financial Companies Lllp raised its stake in shares of iShares Core S&P 500 ETF by 4.1% in the 4th quarter. Jones Financial Companies Lllp now owns 12,051,651 shares of the company’s stock valued at $7,094,566,000 after buying an additional 476,796 shares in the last quarter. Nisa Investment Advisors LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $5,813,061,000. Finally, First Command Advisory Services Inc. lifted its holdings in shares of iShares Core S&P 500 ETF by 0.6% during the 4th quarter. First Command Advisory Services Inc. now owns 8,870,672 shares of the company’s stock worth $5,221,986,000 after acquiring an additional 51,455 shares during the period.

iShares Core S&P 500 ETF Stock Up 1.1 %

NYSEARCA IVV opened at $586.06 on Thursday. iShares Core S&P 500 ETF has a twelve month low of $496.30 and a twelve month high of $616.22. The company’s 50-day simple moving average is $600.00 and its 200 day simple moving average is $588.73. The stock has a market cap of $582.92 billion, a P/E 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.