Transce3nd LLC increased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 63.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 4,201 shares of the company’s stock after acquiring an additional 1,630 shares during the quarter. Transce3nd LLC’s holdings in iShares S&P 500 Value ETF were worth $801,000 at the end of the most recent quarter.
Other institutional investors also recently added to or reduced their stakes in the company. Pinney & Scofield Inc. purchased a new position in iShares S&P 500 Value ETF in the 4th quarter worth about $26,000. Cloud Capital Management LLC purchased a new position in iShares S&P 500 Value ETF in the 1st quarter worth about $27,000. IMG Wealth Management Inc. purchased a new position in iShares S&P 500 Value ETF in the 1st quarter worth about $34,000. SJS Investment Consulting Inc. purchased a new position in iShares S&P 500 Value ETF during the 1st quarter valued at about $37,000. Finally, Fourth Dimension Wealth LLC purchased a new position in iShares S&P 500 Value ETF during the 1st quarter valued at about $38,000.
iShares S&P 500 Value ETF Stock Performance
NYSEARCA IVE opened at $197.59 on Friday. The company has a market capitalization of $39.59 billion, a price-to-earnings ratio of 20.70 and a beta of 0.94. The company’s 50-day simple moving average is $192.32 and its two-hundred day simple moving average is $190.31. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year 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.
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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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