iShares S&P 500 Value ETF $IVE Stock Purchased by CX Institutional

CX Institutional grew its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 215,726 shares of the company’s stock after purchasing an additional 14,951 shares during the quarter. iShares S&P 500 Value ETF makes up about 1.3% of CX Institutional’s investment portfolio, making the stock its 12th largest position. CX Institutional’s holdings in iShares S&P 500 Value ETF were worth $49,246,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. M Holdings Securities Inc. bought a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $2,929,000. PAX Financial Group LLC boosted its stake in shares of iShares S&P 500 Value ETF by 3.3% in the 1st quarter. PAX Financial Group LLC now owns 144,883 shares of the company’s stock valued at $30,592,000 after purchasing an additional 4,640 shares in the last quarter. Tradition Wealth Management LLC grew its holdings in shares of iShares S&P 500 Value ETF by 48.0% during the 4th quarter. Tradition Wealth Management LLC now owns 37,344 shares of the company’s stock valued at $7,919,000 after purchasing an additional 12,114 shares during the last quarter. Beacon Advisors Holdings LLC bought a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $2,041,000. Finally, SB Capital Management Inc purchased a new position in iShares S&P 500 Value ETF in the 4th quarter worth $953,000.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock traded up $1.01 during mid-day trading on Friday, hitting $229.62. The company’s stock had a trading volume of 576,983 shares, compared to its average volume of 952,724. The business has a 50 day moving average price of $234.57 and a 200-day moving average price of $227.00. iShares S&P 500 Value ETF has a 12 month low of $202.45 and a 12 month high of $239.93. The stock has a market cap of $48.51 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83.

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.