Alexander Randolph Advisory Inc. Invests $211,000 in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Alexander Randolph Advisory Inc. bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,211 shares of the company’s stock, valued at approximately $211,000.

Several other institutional investors and hedge funds have also made changes to their positions in IVE. Capital Investment Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $284,000. DAVENPORT & Co LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 39.5% during the 3rd quarter. DAVENPORT & Co LLC now owns 2,855 shares of the company’s stock worth $439,000 after purchasing an additional 808 shares during the last quarter. Private Trust Co. NA boosted its holdings in shares of iShares S&P 500 Value ETF by 3.8% during the 3rd quarter. Private Trust Co. NA now owns 3,066 shares of the company’s stock worth $472,000 after purchasing an additional 113 shares during the last quarter. WASHINGTON TRUST Co boosted its holdings in shares of iShares S&P 500 Value ETF by 53.1% during the 3rd quarter. WASHINGTON TRUST Co now owns 268 shares of the company’s stock worth $41,000 after purchasing an additional 93 shares during the last quarter. Finally, Gemmer Asset Management LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 10.5% during the 3rd quarter. Gemmer Asset Management LLC now owns 7,710 shares of the company’s stock worth $1,186,000 after purchasing an additional 734 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

IVE traded down $0.30 during trading hours on Friday, reaching $180.15. The company’s stock had a trading volume of 440,677 shares, compared to its average volume of 961,049. iShares S&P 500 Value ETF has a fifty-two week low of $147.23 and a fifty-two week high of $187.24. The stock has a market cap of $32.27 billion, a PE ratio of 23.38 and a beta of 0.84. The business’s 50-day moving average is $181.38 and its 200-day moving average is $171.79.

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.