Schrum Private Wealth Management LLC Trims Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Schrum Private Wealth Management LLC trimmed its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,686 shares of the company’s stock after selling 126 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 1.8% of Schrum Private Wealth Management LLC’s investment portfolio, making the stock its 12th biggest holding. Schrum Private Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $2,071,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mesirow Institutional Investment Management Inc. grew its holdings in shares of iShares Core S&P 500 ETF by 0.4% in the fourth quarter. Mesirow Institutional Investment Management Inc. now owns 4,551 shares of the company’s stock valued at $2,679,000 after purchasing an additional 17 shares during the period. D L Carlson Investment Group Inc. lifted its position in iShares Core S&P 500 ETF by 1.6% in the fourth quarter. D L Carlson Investment Group Inc. now owns 1,239 shares of the company’s stock valued at $729,000 after buying an additional 19 shares during the last quarter. Foresight Capital Management Advisors Inc. lifted its position in iShares Core S&P 500 ETF by 0.3% in the first quarter. Foresight Capital Management Advisors Inc. now owns 7,048 shares of the company’s stock valued at $3,960,000 after buying an additional 19 shares during the last quarter. Westside Investment Management Inc. lifted its position in iShares Core S&P 500 ETF by 2.3% in the first quarter. Westside Investment Management Inc. now owns 849 shares of the company’s stock valued at $477,000 after buying an additional 19 shares during the last quarter. Finally, Napatree Capital LLC lifted its position in iShares Core S&P 500 ETF by 0.4% in the fourth quarter. Napatree Capital LLC now owns 4,869 shares of the company’s stock valued at $2,866,000 after buying an additional 20 shares during the last quarter. 70.12% of the stock is owned by hedge funds and other institutional investors.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV opened at $627.74 on Tuesday. The firm’s 50-day moving average is $601.05 and its two-hundred day moving average is $584.71. iShares Core S&P 500 ETF has a 12 month low of $484.00 and a 12 month high of $630.89. The stock has a market capitalization of $631.88 billion, a P/E ratio of 25.10 and a beta of 1.00.

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.