MidFirst Bank Invests $2.28 Million in iShares S&P 500 Value ETF $IVE

MidFirst Bank acquired a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,757 shares of the company’s stock, valued at approximately $2,281,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Cassaday & Co Wealth Management LLC lifted its position in iShares S&P 500 Value ETF by 3,286.8% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 1,153,776 shares of the company’s stock valued at $244,681,000 after purchasing an additional 1,119,709 shares during the last quarter. Morgan Stanley increased its holdings in shares of iShares S&P 500 Value ETF by 7.5% in the 4th quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock worth $3,240,188,000 after buying an additional 1,068,945 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares S&P 500 Value ETF by 4.6% during the 4th quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock valued at $3,975,941,000 after buying an additional 821,872 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 47.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,540,243 shares of the company’s stock worth $538,709,000 after acquiring an additional 816,767 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 40.4% during the 4th quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock worth $523,293,000 after acquiring an additional 710,518 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE opened at $226.38 on Friday. iShares S&P 500 Value ETF has a 52-week low of $189.67 and a 52-week high of $230.05. The firm has a fifty day moving average of $223.94 and a 200 day moving average of $218.35. The firm has a market capitalization of $49.98 billion, a PE ratio of 20.70 and a beta of 0.82.

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. 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.