Alexander Randolph Advisory Inc. Acquires New Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Alexander Randolph Advisory Inc. acquired a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 1,211 shares of the company’s stock, valued at approximately $211,000.

Other hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC lifted its holdings in 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 worth $194,602,000 after buying an additional 1,112,713 shares during the period. Charles Schwab Investment Management Inc. acquired a new position in iShares S&P 500 Value ETF during the 3rd quarter worth about $93,051,000. Calamos Wealth Management LLC lifted its holdings in 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 worth $82,215,000 after buying an additional 418,976 shares during the period. Comerica Bank acquired a new position in iShares S&P 500 Value ETF during the 3rd quarter worth about $62,554,000. Finally, Corient Private Wealth LLC lifted its holdings 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 worth $58,331,000 after buying an additional 355,670 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.2 %

IVE traded down $0.30 during midday trading on Friday, hitting $180.15. 440,677 shares of the company were exchanged, compared to its average volume of 961,049. The firm has a market capitalization of $32.27 billion, a P/E ratio of 23.38 and a beta of 0.84. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $187.24. The firm’s 50 day moving average price is $181.38 and its 200-day moving average price is $171.79.

iShares S&P 500 Value ETF Company 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.