iShares S&P 500 Value ETF $IVE Shares Acquired by Truepoint Inc.

Truepoint Inc. lifted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 30.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 13,868 shares of the company’s stock after buying an additional 3,231 shares during the period. Truepoint Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,864,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of IVE. United Services Automobile Association acquired a new position in iShares S&P 500 Value ETF in the 2nd quarter valued at $26,000. Center for Financial Planning Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at $32,000. Tripletail Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at $37,000. Rossmore Private Capital acquired a new position in iShares S&P 500 Value ETF in the third quarter valued at $44,000. Finally, Cloud Capital Management LLC purchased a new position in iShares S&P 500 Value ETF during the third quarter worth about $45,000.

iShares S&P 500 Value ETF Trading Down 1.0%

Shares of NYSEARCA:IVE opened at $218.46 on Friday. The firm has a market cap of $49.35 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. The stock’s 50-day moving average price is $218.07 and its two-hundred day moving average price is $211.13. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $223.05.

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.