Crowley Wealth Management Inc. Invests $328,000 in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Crowley Wealth Management Inc. acquired a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,717 shares of the company’s stock, valued at approximately $328,000.

A number of other hedge funds have also modified their holdings of the stock. Natixis Advisors LLC raised its position in shares of iShares S&P 500 Value ETF by 5.2% during the third quarter. Natixis Advisors LLC now owns 30,156 shares of the company’s stock valued at $5,946,000 after buying an additional 1,484 shares during the last quarter. Commerce Bank lifted its holdings in iShares S&P 500 Value ETF by 5.1% during the 3rd quarter. Commerce Bank now owns 9,118 shares of the company’s stock valued at $1,798,000 after purchasing an additional 441 shares during the last quarter. Moors & Cabot Inc. grew its position in iShares S&P 500 Value ETF by 46.2% during the 3rd quarter. Moors & Cabot Inc. now owns 3,034 shares of the company’s stock worth $598,000 after acquiring an additional 959 shares during the last quarter. King Luther Capital Management Corp bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth $242,000. Finally, Raymond James Trust N.A. raised its stake in shares of iShares S&P 500 Value ETF by 14.1% in the third quarter. Raymond James Trust N.A. now owns 13,783 shares of the company’s stock worth $2,718,000 after acquiring an additional 1,708 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $189.82 on Friday. The company’s 50 day simple moving average is $194.23 and its 200 day simple moving average is $196.03. The firm has a market capitalization of $36.87 billion, a P/E ratio of 22.06 and a beta of 0.94. iShares S&P 500 Value ETF has a fifty-two week low of $176.09 and a fifty-two week high of $206.63.

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.