5,424 Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE) Acquired by Maripau Wealth Management LLC

Maripau Wealth Management LLC bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,424 shares of the company’s stock, valued at approximately $1,035,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp raised its holdings in iShares S&P 500 Value ETF by 2.5% during the third quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock worth $490,670,000 after purchasing an additional 60,868 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in iShares S&P 500 Value ETF by 7.6% during the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after purchasing an additional 139,651 shares in the last quarter. Huntington National Bank raised its holdings in iShares S&P 500 Value ETF by 6.9% during the third quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock worth $206,225,000 after purchasing an additional 67,448 shares in the last quarter. Park Avenue Securities LLC raised its holdings in iShares S&P 500 Value ETF by 5.8% during the fourth quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock worth $180,895,000 after purchasing an additional 51,773 shares in the last quarter. Finally, MAI Capital Management raised its holdings in iShares S&P 500 Value ETF by 1.8% during the third quarter. MAI Capital Management now owns 754,586 shares of the company’s stock worth $148,782,000 after purchasing an additional 13,079 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $197.20 on Friday. The stock has a market capitalization of $35.97 billion, a P/E ratio of 22.47 and a beta of 0.95. iShares S&P 500 Value ETF has a 1 year low of $176.09 and a 1 year high of $206.63. The business’s fifty day moving average is $194.49 and its two-hundred day moving average is $196.16.

iShares S&P 500 Value ETF Company Profile

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.