Collier Financial Makes New $3.87 Million Investment in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Collier Financial purchased a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 20,268 shares of the company’s stock, valued at approximately $3,869,000. iShares S&P 500 Value ETF comprises approximately 3.5% of Collier Financial’s holdings, making the stock its 10th biggest position.

Other institutional investors have also recently made changes to their positions in the company. LexAurum Advisors LLC boosted its stake in iShares S&P 500 Value ETF by 47.2% during the 4th quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock valued at $734,000 after purchasing an additional 1,233 shares during the last quarter. Financial Synergies Wealth Advisors Inc. boosted its position in shares of iShares S&P 500 Value ETF by 0.6% during the fourth quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock valued at $5,480,000 after buying an additional 160 shares during the last quarter. DAVENPORT & Co LLC boosted its position in shares of iShares S&P 500 Value ETF by 10.9% during the fourth quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock valued at $722,000 after buying an additional 372 shares during the last quarter. NBC Securities Inc. increased its holdings in iShares S&P 500 Value ETF by 33.3% in the 3rd quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock worth $423,000 after buying an additional 536 shares in the last quarter. Finally, Equitable Trust Co. purchased a new position in iShares S&P 500 Value ETF in the 4th quarter worth about $5,806,000.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $195.30 on Tuesday. The company’s 50-day simple moving average is $195.01 and its two-hundred day simple moving average is $195.26. iShares S&P 500 Value ETF has a 52-week low of $173.01 and a 52-week high of $206.63. The stock has a market capitalization of $34.99 billion, a P/E ratio of 23.79 and a beta of 0.81.

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.