iShares S&P 500 Value ETF (NYSEARCA:IVE) Sees Large Volume Increase – Here’s What Happened

iShares S&P 500 Value ETF (NYSEARCA:IVEGet Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 1,913,577 shares were traded during trading, an increase of 156% from the previous session’s volume of 746,436 shares.The stock last traded at $206.1210 and had previously closed at $207.38.

iShares S&P 500 Value ETF Price Performance

The company has a market cap of $42.12 billion, a P/E ratio of 20.70 and a beta of 0.89. The business’s 50 day moving average price is $206.88 and its 200-day moving average price is $199.31.

Institutional Investors Weigh In On iShares S&P 500 Value ETF

Several institutional investors have recently modified their holdings of the business. Flow Traders U.S. LLC acquired a new position in iShares S&P 500 Value ETF during the 1st quarter worth approximately $7,724,000. Verdence Capital Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 1st quarter worth approximately $206,000. Geneos Wealth Management Inc. raised its holdings in iShares S&P 500 Value ETF by 5.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 45,091 shares of the company’s stock valued at $8,627,000 after acquiring an additional 2,477 shares during the period. LVZ Inc. boosted its position in shares of iShares S&P 500 Value ETF by 2.0% in the second quarter. LVZ Inc. now owns 449,606 shares of the company’s stock valued at $87,862,000 after acquiring an additional 8,641 shares during the period. Finally, SeaBridge Investment Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF in the second quarter valued at approximately $1,290,000.

iShares S&P 500 Value ETF Company Profile

(Get Free Report)

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.

Further Reading

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