Synergy Investment Management LLC Takes Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Synergy Investment Management LLC bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,145 shares of the company’s stock, valued at approximately $219,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Steward Partners Investment Advisory LLC increased its stake in iShares S&P 500 Value ETF by 1.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 54,131 shares of the company’s stock valued at $10,332,000 after acquiring an additional 709 shares during the last quarter. Detalus Advisors LLC lifted its position in iShares S&P 500 Value ETF by 1.8% in the fourth quarter. Detalus Advisors LLC now owns 52,649 shares of the company’s stock valued at $10,050,000 after purchasing an additional 929 shares during the last quarter. Shared Vision Wealth Group LLC boosted its position in iShares S&P 500 Value ETF by 2.4% during the 4th quarter. Shared Vision Wealth Group LLC now owns 16,563 shares of the company’s stock valued at $3,162,000 after buying an additional 396 shares during the period. Jones Financial Companies Lllp boosted its holdings in shares of iShares S&P 500 Value ETF by 32.2% during the fourth quarter. Jones Financial Companies Lllp now owns 264,511 shares of the company’s stock worth $50,490,000 after purchasing an additional 64,420 shares during the period. Finally, Norden Group LLC lifted its holdings in iShares S&P 500 Value ETF by 979.6% in the 4th quarter. Norden Group LLC now owns 38,521 shares of the company’s stock worth $7,353,000 after buying an additional 34,953 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.9 %

NYSEARCA:IVE opened at $195.36 on Tuesday. The firm’s fifty day simple moving average is $194.55 and its 200 day simple moving average is $196.33. The stock has a market cap of $35.63 billion, a P/E ratio of 22.47 and a beta of 0.95. iShares S&P 500 Value ETF has a twelve month low of $176.09 and a twelve month high of $206.63.

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.