Cambiar Investors LLC Takes Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Cambiar Investors LLC purchased a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,710 shares of the company’s stock, valued at approximately $517,000.

A number of other hedge funds also recently bought and sold shares of the business. Focus Financial Network Inc. lifted its position in iShares S&P 500 Value ETF by 8.1% in the fourth quarter. Focus Financial Network Inc. now owns 46,598 shares of the company’s stock worth $8,895,000 after buying an additional 3,477 shares during the last quarter. Sapient Capital LLC grew its holdings in iShares S&P 500 Value ETF by 2.4% during the 4th quarter. Sapient Capital LLC now owns 30,860 shares of the company’s stock valued at $5,891,000 after purchasing an additional 730 shares during the last quarter. Equitable Trust Co. bought a new stake in iShares S&P 500 Value ETF in the fourth quarter worth about $5,806,000. Gunma Bank Ltd. grew its stake in shares of iShares S&P 500 Value ETF by 277.8% during the fourth quarter. Gunma Bank Ltd. now owns 34,000 shares of the company’s stock valued at $6,490,000 after buying an additional 25,000 shares during the last quarter. Finally, Opal Wealth Advisors LLC raised its holdings in shares of iShares S&P 500 Value ETF by 5.4% in the fourth quarter. Opal Wealth Advisors LLC now owns 36,040 shares of the company’s stock worth $6,879,000 after buying an additional 1,844 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $196.23 on Wednesday. The stock has a 50 day moving average price of $194.82 and a 200 day moving average price of $195.32. The firm has a market capitalization of $35.15 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52-week low of $173.01 and a 52-week high of $206.63.

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.