Independent Advisor Alliance acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 31,605 shares of the company’s stock, valued at approximately $6,033,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. LexAurum Advisors LLC raised its holdings in shares of iShares S&P 500 Value ETF by 47.2% in the fourth quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock valued at $734,000 after purchasing an additional 1,233 shares during the last quarter. Financial Synergies Wealth Advisors Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 0.6% in the fourth quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock valued at $5,480,000 after purchasing an additional 160 shares during the last quarter. DAVENPORT & Co LLC raised its holdings in shares of iShares S&P 500 Value ETF by 10.9% in the fourth quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock valued at $722,000 after purchasing an additional 372 shares during the last quarter. Equitable Trust Co. purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at about $5,806,000. Finally, Empowered Funds LLC bought a new position in iShares S&P 500 Value ETF during the fourth quarter valued at about $133,000.
iShares S&P 500 Value ETF Stock Performance
IVE opened at $188.32 on Wednesday. The firm has a market cap of $36.58 billion, a P/E ratio of 22.06 and a beta of 0.94. The firm has a 50-day moving average of $194.48 and a 200 day moving average of $196.36. iShares S&P 500 Value ETF has a fifty-two week low of $176.09 and a fifty-two week high of $206.63.
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.
Recommended Stories
- Five stocks we like better than iShares S&P 500 Value ETF
- The 3 Best Retail Stocks to Shop for in August
- NVIDIA Stock Remains Stunningly Undervalued—Here’s Why
- Are Penny Stocks a Good Fit for Your Portfolio?
- Oracle Stock: 5 Reasons This AI Powerhouse Is a Long-Term Buy
- Canada Bond Market Holiday: How to Invest and Trade
- U.S. Stocks Sink, Foreign Markets Soar: 3 ETFs to Ride the Wave
Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report).
Receive News & Ratings for iShares S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
