iShares S&P 500 Value ETF (NYSEARCA:IVE) Sets New 52-Week High at $176.76

Shares of iShares S&P 500 Value ETF (NYSEARCA:IVEGet Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $176.76 and last traded at $176.70, with a volume of 154503 shares. The stock had previously closed at $175.48.

iShares S&P 500 Value ETF Price Performance

The firm has a market capitalization of $27.93 billion, a PE ratio of 15.85 and a beta of 0.94. The firm has a 50-day simple moving average of $172.76 and a 200-day simple moving average of $163.73.

Institutional Trading of iShares S&P 500 Value ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Nwam LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 9.6% in the 2nd quarter. Nwam LLC now owns 12,070 shares of the company’s stock worth $1,946,000 after buying an additional 1,058 shares during the period. Cullen Frost Bankers Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 19.8% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 97,534 shares of the company’s stock worth $15,005,000 after buying an additional 16,129 shares during the period. SOA Wealth Advisors LLC. lifted its holdings in shares of iShares S&P 500 Value ETF by 4.2% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 7,642 shares of the company’s stock worth $1,176,000 after buying an additional 306 shares during the period. Western Wealth Management LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 0.3% in the 2nd quarter. Western Wealth Management LLC now owns 46,649 shares of the company’s stock worth $7,519,000 after buying an additional 139 shares during the period. Finally, US Bancorp DE lifted its holdings in shares of iShares S&P 500 Value ETF by 0.8% in the 3rd quarter. US Bancorp DE now owns 1,334,378 shares of the company’s stock worth $204,727,000 after buying an additional 10,074 shares during the period.

iShares S&P 500 Value ETF Company Profile

(Get Free Report)

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.

See Also

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.