Murphy & Mullick Capital Management Corp Takes Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Murphy & Mullick Capital Management Corp acquired a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 352 shares of the company’s stock, valued at approximately $67,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at approximately $311,273,000. USA Financial Formulas purchased a new position in iShares S&P 500 Value ETF in the 4th quarter valued at approximately $77,191,000. Davis Selected Advisers raised its holdings in iShares S&P 500 Value ETF by 1,452.8% during the fourth quarter. Davis Selected Advisers now owns 197,175 shares of the company’s stock worth $37,637,000 after purchasing an additional 184,477 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in iShares S&P 500 Value ETF by 8.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock worth $408,993,000 after purchasing an additional 167,028 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC grew its holdings in iShares S&P 500 Value ETF by 28.7% in the third quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock valued at $120,955,000 after purchasing an additional 136,769 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.0 %

Shares of IVE stock opened at $191.65 on Friday. The stock has a market cap of $37.31 billion, a P/E ratio of 21.80 and a beta of 0.94. iShares S&P 500 Value ETF has a fifty-two week low of $176.09 and a fifty-two week high of $206.63. The business has a fifty day simple moving average of $194.26 and a 200-day simple moving average of $195.98.

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.