Prosperity Consulting Group LLC increased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 143.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,028 shares of the company’s stock after purchasing an additional 12,962 shares during the period. Prosperity Consulting Group LLC’s holdings in iShares S&P 500 Value ETF were worth $4,651,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Simplex Trading LLC bought a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at $25,000. Hilton Head Capital Partners LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $25,000. Decker Retirement Planning Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $26,000. United Services Automobile Association purchased a new position in iShares S&P 500 Value ETF during the 2nd quarter valued at approximately $26,000. Finally, Palisade Asset Management LLC bought a new stake in iShares S&P 500 Value ETF in the 3rd quarter worth approximately $29,000.
iShares S&P 500 Value ETF Price Performance
Shares of IVE opened at $232.35 on Friday. The stock has a market capitalization of $49.10 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 1 year low of $193.90 and a 1 year high of $232.42. The business’s 50 day simple moving average is $227.44 and its 200-day simple moving average is $220.63.
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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