Equitable Trust Co. bought a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) in the 4th quarter, HoldingsChannel reports. The firm bought 30,417 shares of the company’s stock, valued at approximately $5,806,000.
Several other institutional investors and hedge funds have also added to or reduced their stakes in IVE. Thurston Springer Miller Herd & Titak Inc. lifted its stake in iShares S&P 500 Value ETF by 100.0% during 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. Northwest Investment Counselors LLC acquired a new stake in iShares S&P 500 Value ETF during the third quarter valued at approximately $31,000. Valued Wealth Advisors LLC acquired a new stake in iShares S&P 500 Value ETF during the third quarter valued at approximately $35,000. Perkins Coie Trust Co acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at approximately $35,000. Finally, Copley Financial Group Inc. acquired a new stake in iShares S&P 500 Value ETF during the third quarter valued at approximately $36,000.
iShares S&P 500 Value ETF Price Performance
IVE stock opened at $194.62 on Monday. iShares S&P 500 Value ETF has a 12 month low of $173.01 and a 12 month high of $206.63. The firm has a market cap of $34.87 billion, a PE ratio of 23.79 and a beta of 0.81. The firm has a 50 day simple moving average of $195.01 and a 200 day simple moving average of $195.20.
iShares S&P 500 Value ETF 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.
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