Pacific Excel Wealth Advisors Inc. purchased a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) during the 2nd quarter, HoldingsChannel reports. The firm purchased 2,473 shares of the company’s stock, valued at approximately $561,000.
A number of other hedge funds also recently bought and sold shares of IVE. Simplex Trading LLC acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $25,000. Hilton Head Capital Partners LLC acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $25,000. Decker Retirement Planning Inc. acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $26,000. United Services Automobile Association purchased a new position in iShares S&P 500 Value ETF in the second quarter worth approximately $26,000. Finally, RMG Wealth Management LLC purchased a new position in iShares S&P 500 Value ETF in the first quarter worth approximately $27,000.
iShares S&P 500 Value ETF Stock Up 1.1%
NYSEARCA IVE opened at $235.67 on Wednesday. iShares S&P 500 Value ETF has a 52 week low of $195.74 and a 52 week high of $235.95. The firm has a 50 day moving average of $229.09 and a two-hundred day moving average of $222.18. The stock has a market capitalization of $49.81 billion, a PE ratio of 20.70 and a beta of 0.82.
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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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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