Endeavor Private Wealth Inc. Increases Stock Holdings in iShares S&P 500 Value ETF $IVE

Endeavor Private Wealth Inc. grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 34.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 60,343 shares of the company’s stock after buying an additional 15,500 shares during the period. iShares S&P 500 Value ETF accounts for approximately 3.7% of Endeavor Private Wealth Inc.’s holdings, making the stock its 2nd biggest position. Endeavor Private Wealth Inc.’s holdings in iShares S&P 500 Value ETF were worth $12,797,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of IVE. Decker Retirement Planning Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $26,000. United Services Automobile Association bought a new stake in shares of iShares S&P 500 Value ETF during the 2nd quarter valued at $26,000. Palisade Asset Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at $29,000. Ransom Advisory Ltd bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $31,000. Finally, Birchbrook Inc. bought a new position in iShares S&P 500 Value ETF in the 4th quarter worth about $31,000.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $226.54 on Monday. The stock has a market cap of $50.02 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. The firm’s 50-day moving average is $221.01 and its 200 day moving average is $217.14. iShares S&P 500 Value ETF has a 1 year low of $189.66 and a 1 year high of $229.53.

iShares S&P 500 Value ETF Company 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. 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.