iShares S&P 500 Value ETF $IVE Shares Bought by Cary Street Partners Investment Advisory LLC

Cary Street Partners Investment Advisory LLC increased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 158.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,099 shares of the company’s stock after acquiring an additional 4,969 shares during the quarter. Cary Street Partners Investment Advisory LLC’s holdings in iShares S&P 500 Value ETF were worth $1,718,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of IVE. Decker Retirement Planning Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth $26,000. United Services Automobile Association acquired a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter worth $26,000. Palisade Asset Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter worth $29,000. Ransom Advisory Ltd acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth $31,000. Finally, Birchbrook Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth $31,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $228.03 on Tuesday. The stock has a market capitalization of $50.35 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. The stock’s fifty day simple moving average is $217.96 and its 200 day simple moving average is $215.97. iShares S&P 500 Value ETF has a 52-week low of $185.34 and a 52-week high of $228.50.

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.