South Plains Financial Inc. Raises Stake in iShares S&P 500 Value ETF $IVE

South Plains Financial Inc. boosted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,962 shares of the company’s stock after acquiring an additional 150 shares during the period. South Plains Financial Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,136,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Flow Traders U.S. LLC purchased a new position in iShares S&P 500 Value ETF during the 1st quarter valued at about $7,724,000. Verdence Capital Advisors LLC bought a new stake in iShares S&P 500 Value ETF during the first quarter valued at approximately $206,000. Geneos Wealth Management Inc. grew its position in iShares S&P 500 Value ETF by 5.8% during the first quarter. Geneos Wealth Management Inc. now owns 45,091 shares of the company’s stock valued at $8,627,000 after buying an additional 2,477 shares during the period. Telos Capital Management Inc. grew its position in iShares S&P 500 Value ETF by 5.9% during the first quarter. Telos Capital Management Inc. now owns 16,987 shares of the company’s stock valued at $3,237,000 after buying an additional 940 shares during the period. Finally, Ancora Advisors LLC boosted its position in shares of iShares S&P 500 Value ETF by 6.8% in the fourth quarter. Ancora Advisors LLC now owns 5,607 shares of the company’s stock worth $1,070,000 after purchasing an additional 357 shares during the period.

iShares S&P 500 Value ETF Price Performance

IVE opened at $203.91 on Monday. The firm has a market cap of $40.93 billion, a P/E ratio of 20.70 and a beta of 0.94. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $206.63. The company has a 50 day simple moving average of $197.29 and a two-hundred day simple moving average of $191.29.

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.