M Holdings Securities Inc. acquired a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 13,811 shares of the company’s stock, valued at approximately $2,929,000.
A number of other hedge funds have also recently added to or reduced their stakes in IVE. Simplex Trading LLC acquired a new position in iShares S&P 500 Value ETF in the fourth quarter worth approximately $25,000. Hilton Head Capital Partners LLC acquired a new position in iShares S&P 500 Value ETF in the fourth quarter worth approximately $25,000. Decker Retirement Planning Inc. acquired a new position in iShares S&P 500 Value ETF in the fourth quarter worth approximately $26,000. United Services Automobile Association acquired a new position in iShares S&P 500 Value ETF in the second quarter worth approximately $26,000. Finally, Palisade Asset Management LLC acquired a new position in iShares S&P 500 Value ETF during the third quarter valued at approximately $29,000.
iShares S&P 500 Value ETF Stock Down 0.8%
Shares of IVE stock opened at $224.68 on Thursday. iShares S&P 500 Value ETF has a 12 month low of $189.66 and a 12 month high of $229.53. The business’s 50 day moving average is $222.05 and its two-hundred day moving average is $217.58. The company has a market cap of $49.61 billion, a PE ratio of 20.70 and a beta of 0.82.
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.
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Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report).
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