iShares S&P 500 Value ETF $IVE Stock Holdings Boosted by PAX Financial Group LLC

PAX Financial Group LLC grew its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 62.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 140,243 shares of the company’s stock after acquiring an additional 53,752 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 5.1% of PAX Financial Group LLC’s portfolio, making the stock its 2nd largest holding. PAX Financial Group LLC owned about 0.06% of iShares S&P 500 Value ETF worth $29,741,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Decker Retirement Planning Inc. purchased a new position in iShares S&P 500 Value ETF during the 4th quarter worth $26,000. United Services Automobile Association purchased a new position in iShares S&P 500 Value ETF during the 2nd quarter worth $26,000. Palisade Asset Management LLC purchased a new position in iShares S&P 500 Value ETF during the 3rd quarter worth $29,000. Ransom Advisory Ltd purchased a new position in iShares S&P 500 Value ETF during the 4th quarter worth $31,000. Finally, Birchbrook Inc. purchased a new position in iShares S&P 500 Value ETF during the 4th quarter worth $31,000.

iShares S&P 500 Value ETF Price Performance

IVE opened at $225.15 on Friday. The company has a market capitalization of $49.71 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. The firm’s fifty day moving average price is $216.62 and its two-hundred day moving average price is $215.16. iShares S&P 500 Value ETF has a 1 year low of $185.34 and a 1 year high of $225.90.

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.