Compass Financial Group Inc. Ohio Buys New Stake in iShares S&P 500 Value ETF $IVE

Compass Financial Group Inc. Ohio bought a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,896 shares of the company’s stock, valued at approximately $826,000.

Other institutional investors have also modified their holdings of the company. Simplex Trading LLC purchased a new position in iShares S&P 500 Value ETF during the 4th quarter valued at about $25,000. Hilton Head Capital Partners LLC purchased a new stake in iShares S&P 500 Value ETF during the 4th quarter worth approximately $25,000. Decker Retirement Planning Inc. acquired a new stake in iShares S&P 500 Value ETF during the 4th quarter worth approximately $26,000. United Services Automobile Association purchased a new position in iShares S&P 500 Value ETF in the second quarter valued at $26,000. Finally, Palisade Asset Management LLC acquired a new position in shares of iShares S&P 500 Value ETF during the third quarter worth about $29,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $226.38 on Friday. iShares S&P 500 Value ETF has a fifty-two week low of $189.67 and a fifty-two week high of $230.05. The firm’s 50 day moving average price is $224.14 and its 200 day moving average price is $218.40. The stock has a market cap of $49.98 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82.

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.