iShares S&P 500 Value ETF (NYSEARCA:IVE – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $230.14 and last traded at $229.93, with a volume of 58637 shares changing hands. The stock had previously closed at $227.78.
iShares S&P 500 Value ETF Stock Performance
The firm has a 50 day moving average price of $225.51 and a two-hundred day moving average price of $219.27. The company has a market capitalization of $48.19 billion, a P/E ratio of 20.70 and a beta of 0.82.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. Rockwood Wealth Management LLC increased its position in shares of iShares S&P 500 Value ETF by 2.7% during the 1st quarter. Rockwood Wealth Management LLC now owns 1,785 shares of the company’s stock worth $377,000 after purchasing an additional 47 shares in the last quarter. Flagship Private Wealth LLC raised its holdings in shares of iShares S&P 500 Value ETF by 1.1% in the fourth quarter. Flagship Private Wealth LLC now owns 4,250 shares of the company’s stock valued at $901,000 after buying an additional 48 shares during the last quarter. Patten & Patten Inc. TN lifted its position in iShares S&P 500 Value ETF by 4.8% during the 4th quarter. Patten & Patten Inc. TN now owns 1,048 shares of the company’s stock worth $222,000 after buying an additional 48 shares in the last quarter. Bernardo Wealth Planning LLC grew its holdings in iShares S&P 500 Value ETF by 0.5% during the 4th quarter. Bernardo Wealth Planning LLC now owns 9,495 shares of the company’s stock worth $2,014,000 after acquiring an additional 49 shares during the last quarter. Finally, Stegner Investment Associates Inc. increased its position in iShares S&P 500 Value ETF by 0.3% in the 4th quarter. Stegner Investment Associates Inc. now owns 16,304 shares of the company’s stock valued at $3,457,000 after acquiring an additional 49 shares in the last quarter.
About iShares S&P 500 Value ETF
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.
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