hemming& Wealth Management Inc. acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) in the 4th quarter, HoldingsChannel reports. The firm acquired 85,458 shares of the company’s stock, valued at approximately $18,123,000. iShares S&P 500 Value ETF makes up approximately 12.4% of hemming& Wealth Management Inc.’s holdings, making the stock its 4th largest position.
A number of other hedge funds have also made changes to their positions in IVE. Sankala Group LLC purchased a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $35,000. Arwa LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth approximately $1,490,000. Instrumental Wealth LLC boosted its stake in shares of iShares S&P 500 Value ETF by 6.0% in the fourth quarter. Instrumental Wealth LLC now owns 70,277 shares of the company’s stock worth $15,597,000 after acquiring an additional 3,990 shares during the last quarter. Beacon Advisors Holdings LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth approximately $2,041,000. Finally, BDFS Capital LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth approximately $1,059,000.
iShares S&P 500 Value ETF Stock Performance
NYSEARCA IVE opened at $226.38 on Friday. The business has a fifty day moving average price of $224.14 and a 200 day moving average price of $218.40. The company has a market cap of $49.98 billion, a P/E ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a one year low of $189.67 and a one year high of $230.05.
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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.
Further Reading
- Five stocks we like better than iShares S&P 500 Value ETF
- Aehr Spikes on New Order, But Has Stock Gotten Ahead of Itself?
- Rackspace’s AI Land Grab: Plugging Into the Next Compute Boom
- Satellogic Is Tiny But Its Revenue Growth Is Hard to Ignore
- Why Kroger’s Pullback Could Be a Gift for Patient Investors
Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report).
Receive News & Ratings for iShares S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
