Prasad Wealth Partners LLC Takes $502,000 Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Prasad Wealth Partners LLC bought a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,632 shares of the company’s stock, valued at approximately $502,000.

Several other institutional investors and hedge funds also recently made changes to their positions in IVE. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after purchasing an additional 76 shares during the last quarter. Kentucky Trust Co acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter worth approximately $29,000. Centricity Wealth Management LLC acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter worth approximately $34,000. Valued Wealth Advisors LLC acquired a new stake in iShares S&P 500 Value ETF during the third quarter worth approximately $35,000. Finally, Perkins Coie Trust Co acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter worth approximately $35,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $196.65 on Tuesday. The company has a market capitalization of $35.87 billion, a P/E ratio of 22.47 and a beta of 0.95. iShares S&P 500 Value ETF has a 1 year low of $176.09 and a 1 year high of $206.63. The business’s 50 day simple moving average is $194.13 and its 200 day simple moving average is $196.02.

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.