Signature Estate & Investment Advisors LLC Purchases 3,309 Shares of iShares S&P 500 Value ETF $IVE

Signature Estate & Investment Advisors LLC increased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 62.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 8,639 shares of the company’s stock after acquiring an additional 3,309 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,832,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of IVE. Decker Retirement Planning Inc. bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth $26,000. United Services Automobile Association bought a new stake in shares of iShares S&P 500 Value ETF in the second quarter worth $26,000. Palisade Asset Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the third quarter worth $29,000. Ransom Advisory Ltd bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth $31,000. Finally, Birchbrook Inc. bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth $31,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $228.03 on Friday. iShares S&P 500 Value ETF has a one year low of $185.34 and a one year high of $228.50. The firm has a market capitalization of $50.35 billion, a P/E ratio of 20.70 and a beta of 0.83. The business has a fifty day moving average of $217.64 and a 200 day moving average of $215.78.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.