iShares S&P 500 Value ETF (NYSEARCA:IVE) Sets New 52-Week High at $175.39

iShares S&P 500 Value ETF (NYSEARCA:IVEGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $175.39 and last traded at $175.30, with a volume of 1550764 shares trading hands. The stock had previously closed at $174.62.

iShares S&P 500 Value ETF Price Performance

The company has a market capitalization of $27.82 billion, a P/E ratio of 15.85 and a beta of 0.94. The company has a 50 day moving average of $171.08 and a 200-day moving average of $163.18.

Hedge Funds Weigh In On iShares S&P 500 Value ETF

Several large investors have recently made changes to their positions in the business. Moneta Group Investment Advisors LLC raised its holdings in iShares S&P 500 Value ETF by 106,784.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 135,983,973 shares of the company’s stock worth $19,727,195,000 after acquiring an additional 135,856,748 shares during the last quarter. Envestnet Asset Management Inc. grew its position in iShares S&P 500 Value ETF by 3.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,042,800 shares of the company’s stock worth $651,659,000 after purchasing an additional 147,660 shares during the period. Goldman Sachs Group Inc. raised its stake in iShares S&P 500 Value ETF by 4.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,074,178 shares of the company’s stock valued at $478,711,000 after buying an additional 133,228 shares during the last quarter. Stifel Financial Corp raised its stake in iShares S&P 500 Value ETF by 1.3% during the 3rd quarter. Stifel Financial Corp now owns 2,170,089 shares of the company’s stock valued at $333,847,000 after buying an additional 28,499 shares during the last quarter. Finally, LPL Financial LLC raised its stake in iShares S&P 500 Value ETF by 1.3% during the 3rd quarter. LPL Financial LLC now owns 1,940,992 shares of the company’s stock valued at $298,602,000 after buying an additional 23,973 shares during the last quarter.

iShares S&P 500 Value ETF Company Profile

(Get Free Report)

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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