iShares S&P 500 Value ETF (NYSEARCA:IVE) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $131.86 and last traded at $131.78, with a volume of 556300 shares changing hands. The stock had previously closed at $131.78.

The business has a fifty day moving average price of $129.69 and a 200 day moving average price of $122.16.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Endurance Wealth Management Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 23.1% in the 4th quarter. Endurance Wealth Management Inc. now owns 11,386 shares of the company’s stock valued at $1,482,000 after acquiring an additional 2,135 shares during the last quarter. Gamco Investors INC. ET AL increased its holdings in shares of iShares S&P 500 Value ETF by 1.0% in the 3rd quarter. Gamco Investors INC. ET AL now owns 15,150 shares of the company’s stock valued at $1,805,000 after acquiring an additional 150 shares during the last quarter. Chicago Partners Investment Group LLC grew its stake in iShares S&P 500 Value ETF by 29.3% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 7,535 shares of the company’s stock worth $916,000 after buying an additional 1,708 shares during the last quarter. Security National Trust Co. grew its stake in iShares S&P 500 Value ETF by 1.6% during the 3rd quarter. Security National Trust Co. now owns 37,170 shares of the company’s stock worth $4,428,000 after buying an additional 580 shares during the last quarter. Finally, Stifel Financial Corp grew its stake in iShares S&P 500 Value ETF by 16.5% during the 3rd quarter. Stifel Financial Corp now owns 3,299,722 shares of the company’s stock worth $393,210,000 after buying an additional 468,425 shares during the last quarter.

About iShares S&P 500 Value ETF (NYSEARCA:IVE)

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.

Read More: How do candlesticks reflect price movement?

Receive News & Ratings for iShares S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.