iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Purchased by MCF Advisors LLC

MCF Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,553 shares of the company’s stock after acquiring an additional 395 shares during the quarter. MCF Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $792,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Peoples Bank KS acquired a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $25,000. Allspring Global Investments Holdings LLC increased its stake in shares of iShares S&P 500 Value ETF by 700.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 160 shares of the company’s stock valued at $25,000 after purchasing an additional 140 shares during the period. Fortis Capital Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $28,000. First Pacific Financial acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $30,000. Finally, Sound Income Strategies LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $35,000.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE traded up $1.48 during trading hours on Friday, hitting $178.39. The stock had a trading volume of 655,323 shares, compared to its average volume of 990,912. The stock’s fifty day simple moving average is $180.95 and its 200 day simple moving average is $170.83. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $187.24. The firm has a market capitalization of $32.01 billion, a price-to-earnings ratio of 23.70 and a beta of 0.87.

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.