Twin Focus Capital Partners LLC Purchases 8,432 Shares of iShares S&P 500 Value ETF $IVE

Twin Focus Capital Partners LLC raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 134.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 14,708 shares of the company’s stock after purchasing an additional 8,432 shares during the quarter. Twin Focus Capital Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $3,037,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IVE. United Services Automobile Association purchased a new position in shares of iShares S&P 500 Value ETF in the second quarter worth approximately $26,000. Center for Financial Planning Inc. purchased a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth $32,000. Tripletail Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at $37,000. Rossmore Private Capital bought a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at $44,000. Finally, Cloud Capital Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter worth $45,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $220.76 on Thursday. The business’s fifty day moving average is $217.99 and its 200 day moving average is $211.08. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $223.05. The company has a market capitalization of $49.87 billion, a PE ratio of 20.70 and a beta of 0.89.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.