Cambridge Trust Co. Raises Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Cambridge Trust Co. boosted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,647 shares of the company’s stock after buying an additional 198 shares during the period. Cambridge Trust Co.’s holdings in iShares S&P 500 Value ETF were worth $460,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Roman Butler Fullerton & Co. bought a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at approximately $863,000. Diversified Portfolios Inc. raised its stake in iShares S&P 500 Value ETF by 3.8% during the fourth quarter. Diversified Portfolios Inc. now owns 7,203 shares of the company’s stock valued at $1,253,000 after purchasing an additional 266 shares in the last quarter. Macroview Investment Management LLC lifted its position in iShares S&P 500 Value ETF by 13.5% during the fourth quarter. Macroview Investment Management LLC now owns 1,328 shares of the company’s stock valued at $231,000 after purchasing an additional 158 shares during the last quarter. Wealth Alliance increased its holdings in shares of iShares S&P 500 Value ETF by 57.2% in the 4th quarter. Wealth Alliance now owns 44,554 shares of the company’s stock worth $7,747,000 after buying an additional 16,203 shares during the last quarter. Finally, Marino Stram & Associates LLC increased its stake in iShares S&P 500 Value ETF by 5.2% during the fourth quarter. Marino Stram & Associates LLC now owns 4,452 shares of the company’s stock worth $774,000 after acquiring an additional 219 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE opened at $176.83 on Friday. The stock’s fifty day moving average is $180.90 and its 200 day moving average is $170.52. The firm has a market capitalization of $31.73 billion, a PE ratio of 23.70 and a beta of 0.87. iShares S&P 500 Value ETF has a fifty-two week low of $147.23 and a fifty-two week high of $187.24.

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.