Camden National Bank Buys Shares of 3,566 iShares S&P 500 Value ETF (NYSEARCA:IVE)

Camden National Bank bought a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 3,566 shares of the company’s stock, valued at approximately $681,000.

Several other hedge funds and other institutional investors also recently modified their holdings of IVE. Kentucky Trust Co purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $29,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after buying an additional 76 shares in the last quarter. Providence First Trust Co purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $31,000. Centricity Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $34,000. Finally, Perkins Coie Trust Co purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $35,000.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $194.14 on Friday. iShares S&P 500 Value ETF has a 1-year low of $176.09 and a 1-year high of $206.63. The company has a market cap of $35.41 billion, a PE ratio of 22.47 and a beta of 0.95. The stock’s 50 day moving average price is $194.52 and its 200 day moving average price is $196.32.

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.