iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Bought by Salem Investment Counselors Inc.

Salem Investment Counselors Inc. grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 11,439 shares of the company’s stock after purchasing an additional 169 shares during the period. Salem Investment Counselors Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,183,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Chesapeake Wealth Management increased its holdings in iShares S&P 500 Value ETF by 3.8% in the third quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock valued at $272,000 after buying an additional 50 shares in the last quarter. GDS Wealth Management grew its position in shares of iShares S&P 500 Value ETF by 3.3% during the 3rd quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock valued at $348,000 after acquiring an additional 56 shares during the period. Whitcomb & Hess Inc. increased its stake in shares of iShares S&P 500 Value ETF by 1.0% in the 3rd quarter. Whitcomb & Hess Inc. now owns 6,023 shares of the company’s stock valued at $1,188,000 after purchasing an additional 58 shares in the last quarter. Axiom Advisory LLC raised its holdings in iShares S&P 500 Value ETF by 1.8% in the 3rd quarter. Axiom Advisory LLC now owns 3,392 shares of the company’s stock worth $646,000 after purchasing an additional 61 shares during the period. Finally, Kohmann Bosshard Financial Services LLC raised its holdings in iShares S&P 500 Value ETF by 0.6% in the 3rd quarter. Kohmann Bosshard Financial Services LLC now owns 10,171 shares of the company’s stock worth $2,005,000 after purchasing an additional 63 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.7 %

Shares of IVE opened at $189.42 on Tuesday. The firm has a market cap of $33.93 billion, a P/E ratio of 23.79 and a beta of 0.81. The stock’s 50 day moving average is $197.53 and its two-hundred day moving average is $193.84. iShares S&P 500 Value ETF has a 12 month low of $170.13 and a 12 month high of $206.63.

About iShares S&P 500 Value ETF

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics.