GEN Financial Management INC. Purchases New Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

GEN Financial Management INC. bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, Holdings Channel reports. The firm bought 2,304 shares of the company’s stock, valued at approximately $440,000.

A number of other institutional investors also recently bought and sold shares of IVE. Thurston Springer Miller Herd & Titak Inc. grew its position 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 purchasing an additional 76 shares during the last quarter. Northwest Investment Counselors LLC purchased a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at about $31,000. Valued Wealth Advisors LLC purchased a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at about $35,000. Perkins Coie Trust Co acquired a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth about $35,000. Finally, Copley Financial Group Inc. purchased a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth about $36,000.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE opened at $195.25 on Tuesday. The company’s 50 day simple moving average is $196.00 and its 200 day simple moving average is $194.97. The company has a market capitalization of $34.98 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 1 year low of $173.01 and a 1 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.