Murphy & Mullick Capital Management Corp Takes $67,000 Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Murphy & Mullick Capital Management Corp acquired a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 352 shares of the company’s stock, valued at approximately $67,000.

Several other hedge funds have also added to or reduced their stakes in the business. Florida Financial Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth $625,000. Potentia Wealth bought a new position in iShares S&P 500 Value ETF during the 4th quarter worth $646,000. PKS Advisory Services LLC acquired a new position in iShares S&P 500 Value ETF during the 4th quarter worth about $3,172,000. Signature Estate & Investment Advisors LLC grew its position in shares of iShares S&P 500 Value ETF by 54.4% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 4,093 shares of the company’s stock valued at $781,000 after buying an additional 1,442 shares during the last quarter. Finally, TIAA Trust National Association increased its stake in shares of iShares S&P 500 Value ETF by 1.2% in the fourth quarter. TIAA Trust National Association now owns 17,595 shares of the company’s stock valued at $3,358,000 after buying an additional 216 shares during the period.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $191.65 on Friday. The stock’s 50 day moving average is $194.26 and its 200 day moving average is $195.98. iShares S&P 500 Value ETF has a one year low of $176.09 and a one year high of $206.63. The firm has a market cap of $37.31 billion, a P/E ratio of 21.80 and a beta of 0.94.

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.