Salem Investment Counselors Inc. Has $5.92 Million Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Salem Investment Counselors Inc. boosted its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,531 shares of the company’s stock after acquiring an additional 130 shares during the quarter. Salem Investment Counselors Inc.’s holdings in iShares Core S&P 500 ETF were worth $5,917,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in IVV. Family Management Corp increased its stake in iShares Core S&P 500 ETF by 6.4% in the 4th quarter. Family Management Corp now owns 4,444 shares of the company’s stock valued at $2,616,000 after buying an additional 266 shares during the last quarter. M Holdings Securities Inc. bought a new position in iShares Core S&P 500 ETF in the 4th quarter valued at $35,343,000. Michels Family Financial LLC purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $3,885,000. Dunhill Financial LLC raised its stake in shares of iShares Core S&P 500 ETF by 107.7% during the 4th quarter. Dunhill Financial LLC now owns 783 shares of the company’s stock worth $461,000 after purchasing an additional 406 shares during the period. Finally, Successful Portfolios LLC raised its stake in shares of iShares Core S&P 500 ETF by 3.8% during the 1st quarter. Successful Portfolios LLC now owns 10,227 shares of the company’s stock worth $5,747,000 after purchasing an additional 370 shares during the period.

iShares Core S&P 500 ETF Stock Performance

IVV opened at $606.51 on Friday. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $616.22. The firm has a 50-day moving average of $567.91 and a 200 day moving average of $583.25. The firm has a market cap of $595.50 billion, a P/E ratio of 25.71 and a beta of 1.01.

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.