StoneX Group Inc. Acquires New Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

StoneX Group Inc. bought 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 Securities and Exchange Commission (SEC). The firm bought 41,159 shares of the company’s stock, valued at approximately $7,856,000.

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

iShares S&P 500 Value ETF Price Performance

IVE stock opened at $190.58 on Tuesday. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63. The company has a market capitalization of $37.11 billion, a P/E ratio of 21.80 and a beta of 0.94. The firm’s fifty day simple moving average is $194.08 and its 200-day simple moving average is $195.98.

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.