Graney & King LLC Purchases New Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Graney & King LLC acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 258 shares of the company’s stock, valued at approximately $49,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Mendel Money Management lifted its holdings in shares of iShares S&P 500 Value ETF by 4.0% during the fourth quarter. Mendel Money Management now owns 2,137 shares of the company’s stock worth $408,000 after purchasing an additional 82 shares during the period. Ausdal Financial Partners Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 6.4% in the 4th quarter. Ausdal Financial Partners Inc. now owns 49,144 shares of the company’s stock worth $9,381,000 after acquiring an additional 2,941 shares during the period. Financial Engines Advisors L.L.C. boosted its holdings in shares of iShares S&P 500 Value ETF by 9.9% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 309,790 shares of the company’s stock valued at $59,133,000 after acquiring an additional 27,908 shares in the last quarter. Murphy & Mullick Capital Management Corp acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $67,000. Finally, Florida Financial Advisors LLC purchased a new position in iShares S&P 500 Value ETF during the fourth quarter worth about $625,000.

iShares S&P 500 Value ETF Stock Down 0.0 %

Shares of NYSEARCA:IVE opened at $191.62 on Thursday. The company has a 50-day moving average price of $194.28 and a 200 day moving average price of $196.01. iShares S&P 500 Value ETF has a 52 week low of $176.09 and a 52 week high of $206.63. The company has a market cap of $37.31 billion, a P/E ratio of 21.80 and a beta of 0.94.

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.