Riggs Capital Management LLC acquired a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) during the fourth quarter, Holdings Channel.com reports. The firm acquired 1,891 shares of the company’s stock, valued at approximately $361,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Kentucky Trust Co acquired a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth approximately $29,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in iShares S&P 500 Value ETF by 100.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after acquiring an additional 76 shares in the last quarter. Providence First Trust Co acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter worth $31,000. Centricity Wealth Management LLC bought a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at $34,000. Finally, Perkins Coie Trust Co acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at about $35,000.
iShares S&P 500 Value ETF Stock Performance
Shares of NYSEARCA:IVE opened at $188.79 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 business’s 50 day simple moving average is $194.16 and its two-hundred day simple moving average is $195.99. The firm has a market cap of $36.76 billion, a P/E ratio of 21.80 and a beta of 0.94.
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.
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