Kentucky Trust Co Takes Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Kentucky Trust Co purchased a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the fourth quarter, Holdings Channel reports. The fund purchased 150 shares of the company’s stock, valued at approximately $29,000.

A number of other hedge funds have also recently made changes to their positions in IVE. International Assets Investment Management LLC boosted its stake in shares of iShares S&P 500 Value ETF by 18,046.1% during the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after purchasing an additional 1,326,211 shares in the last quarter. USA Financial Formulas acquired a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at about $77,191,000. PNC Financial Services Group Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 7.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after acquiring an additional 139,651 shares during the period. Kovitz Investment Group Partners LLC lifted its stake in shares of iShares S&P 500 Value ETF by 28.7% in the third quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock worth $120,955,000 after acquiring an additional 136,769 shares during the period. Finally, World Investment Advisors LLC lifted its stake in shares of iShares S&P 500 Value ETF by 1,511.5% in the third quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock worth $22,220,000 after acquiring an additional 105,334 shares during the period.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $195.58 on Thursday. The stock’s 50 day moving average is $194.67 and its 200 day moving average is $195.36. The firm has a market cap of $35.04 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a one year low of $173.01 and a one year high of $206.63.

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.