iShares S&P 500 Value ETF (NYSEARCA:IVE – Get Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as $201.08 and last traded at $200.94, with a volume of 12979 shares trading hands. The stock had previously closed at $200.77.
iShares S&P 500 Value ETF Stock Up 0.2 %
The firm has a 50-day moving average of $194.63 and a 200 day moving average of $187.21. The stock has a market capitalization of $35.96 billion, a P/E ratio of 23.79 and a beta of 0.81.
Hedge Funds Weigh In On iShares S&P 500 Value ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in IVE. Palisade Asset Management LLC acquired a new position in iShares S&P 500 Value ETF in the first quarter worth about $26,000. CarsonAllaria Wealth Management Ltd. lifted its position in shares of iShares S&P 500 Value ETF by 289.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after buying an additional 110 shares during the period. Northwest Investment Counselors LLC acquired a new stake in iShares S&P 500 Value ETF in the 1st quarter valued at $29,000. Addison Advisors LLC grew its position in iShares S&P 500 Value ETF by 50.0% in the second quarter. Addison Advisors LLC now owns 279 shares of the company’s stock valued at $51,000 after acquiring an additional 93 shares during the period. Finally, TruNorth Capital Management LLC bought a new stake in iShares S&P 500 Value ETF in the second quarter valued at $65,000.
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.
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