West Coast Financial LLC Increases Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

West Coast Financial LLC increased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 16,432 shares of the company’s stock after purchasing an additional 53 shares during the period. West Coast Financial LLC’s holdings in iShares S&P 500 Value ETF were worth $3,137,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in IVE. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after purchasing an additional 76 shares during the period. Northwest Investment Counselors LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth $31,000. Valued Wealth Advisors LLC bought a new stake in iShares S&P 500 Value ETF during the third quarter valued at about $35,000. Copley Financial Group Inc. purchased a new position in iShares S&P 500 Value ETF in the third quarter valued at about $36,000. Finally, Hobbs Group Advisors LLC bought a new position in iShares S&P 500 Value ETF in the third quarter worth about $40,000.

iShares S&P 500 Value ETF Stock Up 1.3 %

NYSEARCA:IVE opened at $192.70 on Thursday. The stock has a market capitalization of $34.52 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52 week low of $170.13 and a 52 week high of $206.63. The firm has a 50 day moving average of $197.41 and a 200 day moving average of $193.90.

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.