Compass Capital Corp MA ADV Purchases New Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Compass Capital Corp MA ADV purchased a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 31,664 shares of the company’s stock, valued at approximately $6,209,000. iShares S&P 500 Value ETF comprises 2.4% of Compass Capital Corp MA ADV’s holdings, making the stock its 5th biggest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Timonier Family Office LTD. bought a new position in iShares S&P 500 Value ETF in the 4th quarter worth $300,000. Centricity Wealth Management LLC bought a new position in iShares S&P 500 Value ETF in the 4th quarter worth $34,000. Legacy Capital Group California Inc. raised its holdings in iShares S&P 500 Value ETF by 4.4% in the 4th quarter. Legacy Capital Group California Inc. now owns 3,932 shares of the company’s stock worth $751,000 after purchasing an additional 167 shares in the last quarter. JMG Financial Group Ltd. raised its holdings in iShares S&P 500 Value ETF by 1.8% in the 4th quarter. JMG Financial Group Ltd. now owns 5,136 shares of the company’s stock worth $980,000 after purchasing an additional 91 shares in the last quarter. Finally, Financial Harvest LLC bought a new position in iShares S&P 500 Value ETF in the 4th quarter worth $423,000.

iShares S&P 500 Value ETF Trading Down 0.1 %

Shares of NYSEARCA IVE opened at $198.47 on Friday. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63. The firm has a market capitalization of $36.20 billion, a PE ratio of 22.47 and a beta of 0.95. The firm has a fifty day simple moving average of $194.17 and a two-hundred day simple moving average of $195.65.

iShares S&P 500 Value ETF 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.