71 West Capital Partners purchased a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,324 shares of the company’s stock, valued at approximately $493,000.
A number of other institutional investors and hedge funds have also modified their holdings of the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in shares of iShares S&P 500 Value ETF by 96.6% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 223,947 shares of the company’s stock worth $47,492,000 after buying an additional 110,058 shares during the period. FLP Wealth Management LLC raised its position in shares of iShares S&P 500 Value ETF by 1,182.9% in the 4th quarter. FLP Wealth Management LLC now owns 23,964 shares of the company’s stock worth $5,082,000 after buying an additional 22,096 shares during the period. Centurion Wealth Management LLC raised its position in shares of iShares S&P 500 Value ETF by 24.7% in the 4th quarter. Centurion Wealth Management LLC now owns 24,643 shares of the company’s stock worth $5,226,000 after buying an additional 4,876 shares during the period. Cassilly Financial Group LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth $2,294,000. Finally, Astoria Strategic Wealth Inc. raised its position in shares of iShares S&P 500 Value ETF by 6.4% in the 3rd quarter. Astoria Strategic Wealth Inc. now owns 73,162 shares of the company’s stock worth $15,109,000 after buying an additional 4,408 shares during the period.
iShares S&P 500 Value ETF Trading Up 0.1%
Shares of IVE opened at $228.98 on Wednesday. The firm has a market capitalization of $50.56 billion, a P/E ratio of 20.70 and a beta of 0.82. The stock’s fifty day simple moving average is $223.39 and its 200 day simple moving average is $218.14. iShares S&P 500 Value ETF has a twelve month low of $189.66 and a twelve month high of $230.05.
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.
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