3,148 Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE) Acquired by NewEdge Wealth LLC

NewEdge Wealth LLC purchased a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 3,148 shares of the company’s stock, valued at approximately $547,000.

Several other large investors also recently bought and sold shares of IVE. Ellis Investment Partners LLC boosted its stake in shares of iShares S&P 500 Value ETF by 0.4% in the fourth quarter. Ellis Investment Partners LLC now owns 15,815 shares of the company’s stock valued at $2,750,000 after purchasing an additional 63 shares during the period. Benjamin F. Edwards & Company Inc. increased its stake in iShares S&P 500 Value ETF by 4.2% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,619 shares of the company’s stock worth $261,000 after buying an additional 65 shares during the period. Cadinha & Co. LLC lifted its holdings in iShares S&P 500 Value ETF by 1.0% in the 3rd quarter. Cadinha & Co. LLC now owns 6,360 shares of the company’s stock worth $978,000 after buying an additional 66 shares in the last quarter. Trifecta Capital Advisors LLC boosted its position in iShares S&P 500 Value ETF by 2.0% in the 4th quarter. Trifecta Capital Advisors LLC now owns 3,401 shares of the company’s stock valued at $591,000 after buying an additional 66 shares during the last quarter. Finally, Certified Advisory Corp boosted its position in iShares S&P 500 Value ETF by 1.2% in the 1st quarter. Certified Advisory Corp now owns 5,528 shares of the company’s stock valued at $839,000 after buying an additional 68 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA IVE opened at $176.74 on Wednesday. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $187.24. The stock’s 50-day simple moving average is $180.85 and its 200-day simple moving average is $170.43. The firm has a market cap of $31.72 billion, a price-to-earnings ratio of 23.70 and a beta of 0.87.

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.