Financial & Tax Architects LLC purchased a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 24,596 shares of the company’s stock, valued at approximately $5,615,000.
A number of other large investors have also made changes to their positions in IVE. RMG Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter valued at $27,000. Sankala Group LLC purchased a new position in iShares S&P 500 Value ETF during the 4th quarter worth $35,000. Indiana Trust & Investment Management Co grew its stake in iShares S&P 500 Value ETF by 107.6% during the 1st quarter. Indiana Trust & Investment Management Co now owns 191 shares of the company’s stock worth $40,000 after buying an additional 99 shares during the last quarter. First Bancorp Inc ME purchased a new position in iShares S&P 500 Value ETF during the 2nd quarter worth $45,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in iShares S&P 500 Value ETF during the 4th quarter valued at about $55,000.
iShares S&P 500 Value ETF Price Performance
Shares of NYSEARCA:IVE opened at $235.66 on Friday. The business’s 50-day moving average is $234.42 and its 200 day moving average is $228.57. iShares S&P 500 Value ETF has a 1 year low of $203.15 and a 1 year high of $239.93. The firm has a market capitalization of $49.87 billion, a P/E ratio of 20.70 and a beta of 0.83.
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.
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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).
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