iShares S&P 500 Value ETF (NYSEARCA:IVE) Position Raised by Moors & Cabot Inc.

Moors & Cabot Inc. lifted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.7% in the 4th quarter, Holdings Channel reports. The fund owned 3,329 shares of the company’s stock after buying an additional 295 shares during the period. Moors & Cabot Inc.’s holdings in iShares S&P 500 Value ETF were worth $635,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. LexAurum Advisors LLC boosted its position in iShares S&P 500 Value ETF by 47.2% during the 4th quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock worth $734,000 after acquiring an additional 1,233 shares during the period. Financial Synergies Wealth Advisors Inc. raised its stake in shares of iShares S&P 500 Value ETF by 0.6% during the fourth quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock valued at $5,480,000 after purchasing an additional 160 shares in the last quarter. DAVENPORT & Co LLC lifted its holdings in iShares S&P 500 Value ETF by 10.9% in the fourth quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock worth $722,000 after purchasing an additional 372 shares during the period. Equitable Trust Co. bought a new position in iShares S&P 500 Value ETF in the 4th quarter valued at about $5,806,000. Finally, Empowered Funds LLC acquired a new position in iShares S&P 500 Value ETF during the 4th quarter valued at about $133,000.

iShares S&P 500 Value ETF Trading Up 1.6 %

IVE stock opened at $188.81 on Friday. The firm’s 50-day moving average is $194.27 and its two-hundred day moving average is $196.19. The company has a market capitalization of $36.68 billion, a price-to-earnings ratio of 22.06 and a beta of 0.94. iShares S&P 500 Value ETF has a 52 week low of $176.09 and a 52 week 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.