546 Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE) Bought by Stonebridge Financial Group LLC

Stonebridge Financial Group LLC bought a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 546 shares of the company’s stock, valued at approximately $104,000.

A number of other large investors have also recently added to or reduced their stakes in IVE. Essex Financial Services Inc. boosted its position in iShares S&P 500 Value ETF by 11.8% during the 4th quarter. Essex Financial Services Inc. now owns 8,980 shares of the company’s stock worth $1,714,000 after acquiring an additional 949 shares during the last quarter. Cambiar Investors LLC bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth $517,000. Focus Financial Network Inc. boosted its holdings in iShares S&P 500 Value ETF by 8.1% during the fourth quarter. Focus Financial Network Inc. now owns 46,598 shares of the company’s stock worth $8,895,000 after purchasing an additional 3,477 shares during the last quarter. Sapient Capital LLC boosted its holdings in iShares S&P 500 Value ETF by 2.4% during the fourth quarter. Sapient Capital LLC now owns 30,860 shares of the company’s stock worth $5,891,000 after purchasing an additional 730 shares during the last quarter. Finally, Equitable Trust Co. bought a new position in iShares S&P 500 Value ETF in the fourth quarter valued at $5,806,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $195.58 on Thursday. The company’s 50-day moving average price is $194.67 and its two-hundred day moving average price is $195.36. iShares S&P 500 Value ETF has a one year low of $173.01 and a one year high of $206.63. The stock has a market capitalization of $35.04 billion, a PE ratio of 23.79 and a beta of 0.81.

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.