Smithfield Trust Co Raises Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Smithfield Trust Co grew its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 22,076 shares of the company’s stock after acquiring an additional 191 shares during the quarter. Smithfield Trust Co’s holdings in iShares S&P 500 Value ETF were worth $4,212,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. LexAurum Advisors LLC lifted its position in iShares S&P 500 Value ETF by 47.2% during the 4th quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock worth $734,000 after acquiring an additional 1,233 shares during the period. Financial Synergies Wealth Advisors Inc. raised its stake in shares of iShares S&P 500 Value ETF by 0.6% during the fourth quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock worth $5,480,000 after purchasing an additional 160 shares during the last quarter. DAVENPORT & Co LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 10.9% during the fourth quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock worth $722,000 after purchasing an additional 372 shares during the period. Equitable Trust Co. purchased a new position in iShares S&P 500 Value ETF in the 4th quarter valued at $5,806,000. Finally, Empowered Funds LLC acquired a new position in iShares S&P 500 Value ETF in the 4th quarter valued at $133,000.

iShares S&P 500 Value ETF Stock Performance

Shares of iShares S&P 500 Value ETF stock opened at $192.25 on Wednesday. The company has a market cap of $35.07 billion, a P/E ratio of 22.47 and a beta of 0.95. The firm has a fifty day moving average of $194.52 and a two-hundred day moving average of $196.35. iShares S&P 500 Value ETF has a one year low of $176.09 and a one year high of $206.63.

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.