10,816 Shares in iShares S&P 500 Value ETF $IVE Purchased by Cassilly Financial Group LLC

Cassilly Financial Group LLC purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, Holdings Channel.com reports. The firm purchased 10,816 shares of the company’s stock, valued at approximately $2,294,000. iShares S&P 500 Value ETF accounts for about 2.0% of Cassilly Financial Group LLC’s investment portfolio, making the stock its 16th largest holding.

Other hedge funds have also recently bought and sold shares of the company. FLP Wealth Management LLC increased its holdings in iShares S&P 500 Value ETF by 628.5% in the third quarter. FLP Wealth Management LLC now owns 16,727 shares of the company’s stock valued at $3,454,000 after buying an additional 14,431 shares during the last quarter. Great Point Wealth Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at approximately $2,478,000. Detalus Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF by 3.6% in the 3rd quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock valued at $17,354,000 after acquiring an additional 2,909 shares during the last quarter. Curbstone Financial Management Corp acquired a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at approximately $564,000. Finally, BIP Wealth LLC raised its position in shares of iShares S&P 500 Value ETF by 185.4% during the 3rd quarter. BIP Wealth LLC now owns 6,001 shares of the company’s stock valued at $1,239,000 after acquiring an additional 3,898 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $207.63 on Tuesday. The stock has a market capitalization of $46.90 billion, a PE ratio of 20.70 and a beta of 0.89. The business’s fifty day moving average price is $216.79 and its 200 day moving average price is $212.28. 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 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.