Simmons Bank Purchases Shares of 1,232 iShares S&P 500 Value ETF (NYSEARCA:IVE)

Simmons Bank purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,232 shares of the company’s stock, valued at approximately $235,000.

A number of other hedge funds have also recently bought and sold shares of IVE. Chesapeake Wealth Management boosted its stake in shares of iShares S&P 500 Value ETF by 3.8% during the 3rd quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock worth $272,000 after acquiring an additional 50 shares during the period. West Coast Financial LLC boosted its stake in shares of iShares S&P 500 Value ETF by 0.3% during the 4th quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock worth $3,137,000 after acquiring an additional 53 shares during the period. SWP Financial LLC boosted its stake in shares of iShares S&P 500 Value ETF by 0.4% during the 4th quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock worth $2,443,000 after acquiring an additional 54 shares during the period. GDS Wealth Management boosted its stake in shares of iShares S&P 500 Value ETF by 3.3% during the 3rd quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock worth $348,000 after acquiring an additional 56 shares during the period. Finally, Roble Belko & Company Inc boosted its stake in shares of iShares S&P 500 Value ETF by 0.5% during the 4th quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock worth $2,145,000 after acquiring an additional 57 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.5 %

Shares of NYSEARCA IVE opened at $194.58 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 stock has a 50 day moving average of $194.38 and a 200-day moving average of $196.08. The company has a market capitalization of $35.49 billion, a P/E ratio of 22.47 and a beta of 0.95.

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.