Tradition Wealth Management LLC Boosts Stock Holdings in iShares S&P 500 Value ETF $IVE

Tradition Wealth Management LLC boosted its position in iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) by 48.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 37,344 shares of the company’s stock after purchasing an additional 12,114 shares during the period. Tradition Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $7,919,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of IVE. Decker Retirement Planning Inc. purchased a new position in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $26,000. United Services Automobile Association bought a new stake in iShares S&P 500 Value ETF during the 2nd quarter valued at $26,000. Palisade Asset Management LLC bought a new stake in iShares S&P 500 Value ETF during the 3rd quarter valued at $29,000. Ransom Advisory Ltd bought a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at $31,000. Finally, Birchbrook Inc. bought a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at $31,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $226.54 on Friday. The company’s fifty day simple moving average is $221.01 and its two-hundred day simple moving average is $217.08. iShares S&P 500 Value ETF has a 1 year low of $189.66 and a 1 year high of $229.53. The stock has a market capitalization of $50.02 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82.

iShares S&P 500 Value ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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