Sharp Financial Services LLC bought a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) in the 4th quarter, Holdings Channel reports. The institutional investor bought 22,314 shares of the company’s stock, valued at approximately $4,259,000. iShares S&P 500 Value ETF makes up approximately 3.2% of Sharp Financial Services LLC’s investment portfolio, making the stock its 13th biggest holding.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. raised 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 valued at $29,000 after buying an additional 76 shares in the last quarter. Northwest Investment Counselors LLC acquired a new position in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $31,000. Valued Wealth Advisors LLC acquired a new position in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $35,000. Perkins Coie Trust Co acquired a new position in iShares S&P 500 Value ETF during the 4th quarter worth approximately $35,000. Finally, Copley Financial Group Inc. acquired a new position in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $36,000.
iShares S&P 500 Value ETF Price Performance
IVE stock opened at $195.41 on Thursday. The company has a 50 day simple moving average of $196.65 and a 200 day simple moving average of $194.33. The stock has a market cap of $35.01 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 1 year low of $172.85 and a 1 year high of $206.63.
iShares S&P 500 Value ETF 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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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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