Charles Schwab Investment Advisory Inc. Has $1.24 Million Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Charles Schwab Investment Advisory Inc. boosted its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 40.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 2,591 shares of the company’s stock after buying an additional 750 shares during the quarter. Charles Schwab Investment Advisory Inc.’s holdings in iShares Core S&P 500 ETF were worth $1,237,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Apollon Wealth Management LLC lifted its stake in shares of iShares Core S&P 500 ETF by 16.0% in the fourth quarter. Apollon Wealth Management LLC now owns 92,727 shares of the company’s stock worth $44,289,000 after acquiring an additional 12,771 shares during the period. Arvest Investments Inc. bought a new position in iShares Core S&P 500 ETF during the 4th quarter worth approximately $21,775,000. Stewardship Advisors LLC lifted its position in shares of iShares Core S&P 500 ETF by 33.2% in the 4th quarter. Stewardship Advisors LLC now owns 84,068 shares of the company’s stock worth $40,154,000 after purchasing an additional 20,951 shares during the period. Family Asset Management LLC lifted its position in shares of iShares Core S&P 500 ETF by 0.9% in the 4th quarter. Family Asset Management LLC now owns 3,040 shares of the company’s stock worth $1,452,000 after purchasing an additional 27 shares during the period. Finally, Colonial River Wealth Management LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter valued at $2,596,000.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV traded up $0.01 during mid-day trading on Wednesday, reaching $519.87. 1,491,075 shares of the stock were exchanged, compared to its average volume of 5,689,029. The stock has a market cap of $448.60 billion, a P/E ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a one year low of $410.67 and a one year high of $527.16. The stock has a 50 day simple moving average of $514.90 and a 200-day simple moving average of $485.85.

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.