Focus Partners Wealth boosted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 134.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,225,078 shares of the company’s stock after acquiring an additional 702,252 shares during the quarter. Focus Partners Wealth’s holdings in iShares S&P 500 Value ETF were worth $259,801,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also bought and sold shares of the company. Simplex Trading LLC purchased a new position in iShares S&P 500 Value ETF in the 4th quarter valued at approximately $25,000. Hilton Head Capital Partners LLC purchased a new position in iShares S&P 500 Value ETF in the 4th quarter valued at approximately $25,000. Decker Retirement Planning Inc. purchased a new position in iShares S&P 500 Value ETF in the 4th quarter valued at approximately $26,000. United Services Automobile Association purchased a new position in iShares S&P 500 Value ETF in the 2nd quarter valued at approximately $26,000. Finally, Palisade Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at $29,000.
iShares S&P 500 Value ETF Price Performance
IVE opened at $228.73 on Friday. The company has a fifty day moving average price of $222.71 and a 200-day moving average price of $217.80. The firm has a market capitalization of $50.50 billion, a P/E ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a one year low of $189.66 and a one year high of $229.53.
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.
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Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report).
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