Savvy Advisors Inc. lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 25.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,427 shares of the company’s stock after purchasing an additional 701 shares during the period. Savvy Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $654,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after buying an additional 76 shares during the period. Kentucky Trust Co purchased a new stake in iShares S&P 500 Value ETF in the 4th quarter worth about $29,000. Providence First Trust Co bought a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at about $31,000. Centricity Wealth Management LLC purchased a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at about $34,000. Finally, Perkins Coie Trust Co bought a new position in iShares S&P 500 Value ETF during the fourth quarter worth about $35,000.
iShares S&P 500 Value ETF Stock Up 1.7 %
NYSEARCA IVE opened at $178.31 on Monday. The firm has a market cap of $35.00 billion, a P/E ratio of 20.32 and a beta of 0.88. The company’s 50 day moving average is $190.08 and its 200-day moving average is $194.62. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month 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.
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