Western Financial Corp CA Takes $227,000 Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Western Financial Corp CA bought a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,193 shares of the company’s stock, valued at approximately $227,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IVE. Pinney & Scofield Inc. bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $26,000. Providence First Trust Co acquired a new position in iShares S&P 500 Value ETF in the 4th quarter valued at $31,000. IMG Wealth Management Inc. bought a new position in iShares S&P 500 Value ETF in the 1st quarter worth $34,000. SJS Investment Consulting Inc. bought a new position in iShares S&P 500 Value ETF in the 1st quarter worth $37,000. Finally, Fourth Dimension Wealth LLC acquired a new position in iShares S&P 500 Value ETF during the 1st quarter worth $38,000.

iShares S&P 500 Value ETF Price Performance

IVE stock opened at $192.51 on Thursday. The stock has a market capitalization of $38.60 billion, a price-to-earnings ratio of 20.88 and a beta of 0.89. The company has a 50-day moving average of $187.41 and a two-hundred day moving average of $190.06. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $206.63.

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.