9,623 Shares in iShares S&P 500 Value ETF $IVE Purchased by Beacon Advisors Holdings LLC

Beacon Advisors Holdings LLC purchased a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 9,623 shares of the company’s stock, valued at approximately $2,041,000. iShares S&P 500 Value ETF accounts for approximately 1.1% of Beacon Advisors Holdings LLC’s holdings, making the stock its 26th biggest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Simplex Trading LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $25,000. Hilton Head Capital Partners LLC bought a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth $25,000. Decker Retirement Planning Inc. acquired a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth $26,000. United Services Automobile Association acquired a new stake in shares of iShares S&P 500 Value ETF during the second quarter worth $26,000. Finally, Palisade Asset Management LLC bought a new stake in iShares S&P 500 Value ETF in the third quarter valued at about $29,000.

iShares S&P 500 Value ETF Trading Up 0.3%

NYSEARCA:IVE opened at $226.38 on Friday. iShares S&P 500 Value ETF has a 1-year low of $189.67 and a 1-year high of $230.05. The firm has a market capitalization of $49.98 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. The business’s 50-day moving average price is $223.94 and its two-hundred day moving average price is $218.35.

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.