Beacon Financial Group increased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 1.3% in the first quarter, Holdings Channel reports. The institutional investor owned 5,307 shares of the company’s stock after buying an additional 66 shares during the period. Beacon Financial Group’s holdings in iShares S&P 500 Value ETF were worth $1,011,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Pinney & Scofield Inc. bought a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $26,000. Kentucky Trust Co bought a new position in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $29,000. Providence First Trust Co bought a new position in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $31,000. Centricity Wealth Management LLC bought a new position in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $34,000. Finally, Morse Asset Management Inc bought a new position in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $41,000.
iShares S&P 500 Value ETF Stock Down 0.1%
IVE stock opened at $189.90 on Friday. The business has a 50 day moving average price of $183.75 and a two-hundred day moving average price of $191.22. The company has a market cap of $37.89 billion, a price-to-earnings ratio of 20.88 and a beta of 0.89. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $206.63.
iShares S&P 500 Value ETF 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.
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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).
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