Financial Harvest LLC Takes Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Financial Harvest LLC purchased a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 2,214 shares of the company’s stock, valued at approximately $423,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Stifel Financial Corp increased its stake in iShares S&P 500 Value ETF by 2.5% during the third quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock valued at $490,670,000 after purchasing an additional 60,868 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in iShares S&P 500 Value ETF by 7.6% during 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. International Assets Investment Management LLC lifted its holdings in iShares S&P 500 Value ETF by 18,046.1% in the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after acquiring an additional 1,326,211 shares during the last quarter. Huntington National Bank boosted its stake in iShares S&P 500 Value ETF by 6.9% in the third quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock valued at $206,225,000 after acquiring an additional 67,448 shares during the period. Finally, Park Avenue Securities LLC grew its holdings in shares of iShares S&P 500 Value ETF by 5.8% during the fourth quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock valued at $180,895,000 after purchasing an additional 51,773 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.1 %

Shares of NYSEARCA IVE opened at $198.47 on Friday. The company has a market cap of $36.20 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95. The stock’s 50 day simple moving average is $194.17 and its 200 day simple moving average is $195.65. iShares S&P 500 Value ETF has a 12-month low of $176.09 and a 12-month 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.