iShares Core S&P 500 ETF $IVV Shares Sold by Schrum Private Wealth Management LLC

Schrum Private Wealth Management LLC cut its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.6% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,626 shares of the company’s stock after selling 60 shares during the period. iShares Core S&P 500 ETF accounts for about 1.8% of Schrum Private Wealth Management LLC’s portfolio, making the stock its 11th largest position. Schrum Private Wealth Management LLC’s holdings in iShares Core S&P 500 ETF were worth $2,252,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Flaharty Asset Management LLC purchased a new stake in iShares Core S&P 500 ETF during the 1st quarter valued at about $28,000. Lord & Richards Wealth Management LLC acquired a new stake in shares of iShares Core S&P 500 ETF during the first quarter worth about $31,000. Cheviot Value Management LLC purchased a new position in iShares Core S&P 500 ETF during the 1st quarter worth approximately $52,000. Inlight Wealth Management LLC purchased a new position in iShares Core S&P 500 ETF during the 1st quarter worth approximately $60,000. Finally, Wealth Preservation Advisors LLC purchased a new position in iShares Core S&P 500 ETF during the 1st quarter worth approximately $76,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $656.20 on Friday. The firm has a market capitalization of $684.19 billion, a P/E ratio of 25.10 and a beta of 1.00. iShares Core S&P 500 ETF has a 1-year low of $484.00 and a 1-year high of $677.20. The company’s fifty day moving average price is $654.83 and its 200-day moving average price is $610.47.

iShares Core S&P 500 ETF 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.