M Holdings Securities Inc. Takes $2.93 Million Position in iShares S&P 500 Value ETF $IVE

M Holdings Securities Inc. bought a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 13,811 shares of the company’s stock, valued at approximately $2,929,000.

A number of other large investors also recently made changes to their positions in IVE. Simplex Trading LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $25,000. Hilton Head Capital Partners LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $25,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $26,000. United Services Automobile Association acquired a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at about $26,000. Finally, Palisade Asset Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at about $29,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $224.68 on Thursday. The business’s 50-day moving average is $222.05 and its 200-day moving average is $217.58. iShares S&P 500 Value ETF has a fifty-two week low of $189.66 and a fifty-two week high of $229.53. The company has a market capitalization of $49.61 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82.

About iShares S&P 500 Value ETF

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.