Bfsg LLC Buys New Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Bfsg LLC bought a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, HoldingsChannel.com reports. The fund bought 344 shares of the company’s stock, valued at approximately $60,000.

Several other institutional investors and hedge funds also recently made changes to their positions in IVE. International Assets Investment Management LLC grew its holdings in shares of iShares S&P 500 Value ETF by 17,397.0% during the 4th quarter. International Assets Investment Management LLC now owns 1,119,109 shares of the company’s stock valued at $194,602,000 after purchasing an additional 1,112,713 shares during the last quarter. Charles Schwab Investment Management Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at about $93,051,000. Calamos Wealth Management LLC boosted its stake in shares of iShares S&P 500 Value ETF by 778.4% during the 4th quarter. Calamos Wealth Management LLC now owns 472,801 shares of the company’s stock valued at $82,215,000 after purchasing an additional 418,976 shares in the last quarter. Comerica Bank bought a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at about $62,554,000. Finally, Corient Private Wealth LLC lifted its position in iShares S&P 500 Value ETF by 1,513.6% during the 3rd quarter. Corient Private Wealth LLC now owns 379,169 shares of the company’s stock valued at $58,331,000 after acquiring an additional 355,670 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $180.45 on Friday. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $187.24. The stock has a market cap of $32.33 billion, a P/E ratio of 23.38 and a beta of 0.84. The firm has a 50-day moving average of $181.32 and a 200 day moving average of $171.49.

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.