Financial Enhancement Group LLC boosted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 146.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 78,069 shares of the company’s stock after acquiring an additional 46,335 shares during the period. iShares S&P 500 Value ETF accounts for about 2.1% of Financial Enhancement Group LLC’s investment portfolio, making the stock its 13th largest position. Financial Enhancement Group LLC’s holdings in iShares S&P 500 Value ETF were worth $17,245,000 at the end of the most recent reporting period.
Several other large investors have also added to or reduced their stakes in the company. Simplex Trading LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $25,000. Hilton Head Capital Partners LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $25,000. Decker Retirement Planning Inc. bought a new position in iShares S&P 500 Value ETF in the 4th quarter worth $26,000. United Services Automobile Association bought a new position in iShares S&P 500 Value ETF in the 2nd quarter worth $26,000. Finally, Palisade Asset Management LLC bought a new position in iShares S&P 500 Value ETF in the 3rd quarter worth $29,000.
iShares S&P 500 Value ETF Stock Performance
Shares of IVE stock opened at $226.29 on Thursday. The stock has a fifty day simple moving average of $224.74 and a two-hundred day simple moving average of $218.76. The firm has a market capitalization of $49.96 billion, a PE ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 52-week low of $192.17 and a 52-week 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
- Why KB Home Could Reward Patient Investors Later
- Meta’s Internal Turmoil: Morale Nears 20-Year Low at the Wrong Time
- Tesla’s New NHTSA Probe Lands at the Worst Possible Time
- Nano Nuclear’s AI Data Center Deal Puts the Stock Back in Focus
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.
