iShares S&P 500 Value ETF $IVE Shares Acquired by Cypress Wealth Services LLC

Cypress Wealth Services LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 50.8% in the 4th quarter, Holdings Channel reports. The firm owned 89,705 shares of the company’s stock after purchasing an additional 30,226 shares during the quarter. iShares S&P 500 Value ETF accounts for 2.6% of Cypress Wealth Services LLC’s investment portfolio, making the stock its 6th largest holding. Cypress Wealth Services LLC’s holdings in iShares S&P 500 Value ETF were worth $19,024,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Eastern Bank grew its position in shares of iShares S&P 500 Value ETF by 3.9% in the 4th quarter. Eastern Bank now owns 4,148 shares of the company’s stock valued at $880,000 after buying an additional 154 shares during the last quarter. Guardian Financial Partners LLC increased its stake in shares of iShares S&P 500 Value ETF by 16.2% in the fourth quarter. Guardian Financial Partners LLC now owns 4,647 shares of the company’s stock valued at $985,000 after buying an additional 649 shares during the period. Whitcomb & Hess Inc. raised its position in shares of iShares S&P 500 Value ETF by 1.4% during the fourth quarter. Whitcomb & Hess Inc. now owns 6,365 shares of the company’s stock worth $1,380,000 after acquiring an additional 86 shares during the last quarter. Wealthcare Advisory Partners LLC raised its position in shares of iShares S&P 500 Value ETF by 25.6% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 10,861 shares of the company’s stock worth $2,303,000 after acquiring an additional 2,216 shares during the last quarter. Finally, Pallas Capital Advisors LLC lifted its stake in shares of iShares S&P 500 Value ETF by 5.1% in the fourth quarter. Pallas Capital Advisors LLC now owns 7,018 shares of the company’s stock worth $1,488,000 after acquiring an additional 343 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $207.57 on Friday. The business’s 50 day simple moving average is $216.98 and its 200 day simple moving average is $212.19. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $223.05. The stock has a market capitalization of $46.89 billion, a PE ratio of 20.70 and a beta of 0.89.

About iShares S&P 500 Value ETF

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.