Clune & Associates LTD. Acquires New Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Clune & Associates LTD. purchased a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,286 shares of the company’s stock, valued at approximately $245,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Crowley Wealth Management Inc. bought a new position in iShares S&P 500 Value ETF during the 4th quarter worth approximately $328,000. Mosley Wealth Management raised its holdings in iShares S&P 500 Value ETF by 10.6% during the 4th quarter. Mosley Wealth Management now owns 19,643 shares of the company’s stock worth $3,873,000 after purchasing an additional 1,886 shares during the last quarter. Summit Global Investments raised its holdings in iShares S&P 500 Value ETF by 83.5% during the 4th quarter. Summit Global Investments now owns 7,809 shares of the company’s stock worth $1,491,000 after purchasing an additional 3,553 shares during the last quarter. Washington Trust Bank raised its holdings in iShares S&P 500 Value ETF by 15.7% during the 4th quarter. Washington Trust Bank now owns 2,170 shares of the company’s stock worth $414,000 after purchasing an additional 295 shares during the last quarter. Finally, Oxford Financial Group LTD. LLC raised its holdings in iShares S&P 500 Value ETF by 6.7% during the 4th quarter. Oxford Financial Group LTD. LLC now owns 16,495 shares of the company’s stock worth $3,149,000 after purchasing an additional 1,042 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $189.82 on Monday. iShares S&P 500 Value ETF has a 52-week low of $176.09 and a 52-week high of $206.63. The firm has a 50 day moving average price of $194.23 and a two-hundred day moving average price of $196.04. The firm has a market cap of $36.87 billion, a price-to-earnings ratio of 22.06 and a beta of 0.94.

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.