Verus Capital Partners LLC Boosts Position in iShares S&P 500 Value ETF $IVE

Verus Capital Partners LLC boosted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) by 39.6% in the fourth quarter, Holdings Channel reports. The fund owned 29,490 shares of the company’s stock after purchasing an additional 8,361 shares during the quarter. Verus Capital Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $6,254,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of IVE. Decker Retirement Planning Inc. purchased a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at $26,000. United Services Automobile Association purchased a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter worth $26,000. Palisade Asset Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter worth $29,000. Ransom Advisory Ltd purchased a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth $31,000. Finally, Birchbrook Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth $31,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA:IVE opened at $227.06 on Thursday. The firm has a market capitalization of $50.13 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a one year low of $189.34 and a one year high of $228.95. The business has a fifty day moving average price of $220.33 and a 200-day moving average price of $216.87.

iShares S&P 500 Value ETF Profile

(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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.

Featured Stories

Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report).

Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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.