Salem Investment Counselors Inc. Purchases 90 Shares of iShares Core S&P 500 ETF (NYSEARCA:IVV)

Salem Investment Counselors Inc. increased its holdings in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,283 shares of the company’s stock after buying an additional 90 shares during the period. Salem Investment Counselors Inc.’s holdings in iShares Core S&P 500 ETF were worth $5,406,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Eukles Asset Management increased its holdings in iShares Core S&P 500 ETF by 126.9% during the 4th quarter. Eukles Asset Management now owns 59 shares of the company’s stock worth $28,000 after purchasing an additional 33 shares in the last quarter. Burkett Financial Services LLC purchased a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at $31,000. Ables Iannone Moore & Associates Inc. purchased a new position in iShares Core S&P 500 ETF during the 4th quarter valued at about $44,000. Evolution Advisers Inc. bought a new stake in iShares Core S&P 500 ETF during the 4th quarter worth approximately $48,000. Finally, Richardson Financial Services Inc. purchased a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter worth $49,000.

iShares Core S&P 500 ETF Price Performance

NYSEARCA IVV traded down $0.93 during trading on Friday, hitting $547.01. 5,107,253 shares of the company’s stock traded hands, compared to its average volume of 5,382,096. iShares Core S&P 500 ETF has a 12-month low of $411.02 and a 12-month high of $551.29. The stock has a fifty day moving average of $525.43 and a two-hundred day moving average of $506.79. The firm has a market cap of $472.01 billion, a P/E ratio of 25.23 and a beta of 0.99.

iShares Core S&P 500 ETF Company 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.