Chesapeake Wealth Management Buys 50 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Chesapeake Wealth Management increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,382 shares of the company’s stock after buying an additional 50 shares during the quarter. Chesapeake Wealth Management’s holdings in iShares S&P 500 Value ETF were worth $272,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Northwest Investment Counselors LLC purchased a new position in iShares S&P 500 Value ETF in the third quarter worth $31,000. Valued Wealth Advisors LLC purchased a new position in iShares S&P 500 Value ETF in the third quarter worth $35,000. Addison Advisors LLC boosted its position in iShares S&P 500 Value ETF by 50.0% in the second quarter. Addison Advisors LLC now owns 279 shares of the company’s stock worth $51,000 after purchasing an additional 93 shares during the last quarter. Colony Family Offices LLC boosted its position in iShares S&P 500 Value ETF by 77.3% in the third quarter. Colony Family Offices LLC now owns 273 shares of the company’s stock worth $54,000 after purchasing an additional 119 shares during the last quarter. Finally, TruNorth Capital Management LLC purchased a new position in iShares S&P 500 Value ETF in the second quarter worth $65,000.

iShares S&P 500 Value ETF Trading Up 0.5 %

IVE stock opened at $200.47 on Tuesday. The stock’s fifty day simple moving average is $197.20 and its two-hundred day simple moving average is $189.82. iShares S&P 500 Value ETF has a 1-year low of $162.43 and a 1-year high of $203.67. The stock has a market cap of $35.91 billion, a P/E ratio of 23.79 and a beta of 0.81.

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.