Diversified Trust Co raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 42.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 26,558 shares of the company’s stock after acquiring an additional 7,860 shares during the period. Diversified Trust Co’s holdings in iShares S&P 500 Value ETF were worth $5,484,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of IVE. United Services Automobile Association acquired a new stake in iShares S&P 500 Value ETF during the 2nd quarter worth approximately $26,000. Harbor Asset Planning Inc. acquired a new position in iShares S&P 500 Value ETF during the second quarter valued at approximately $30,000. Flaharty Asset Management LLC purchased a new stake in iShares S&P 500 Value ETF during the first quarter worth approximately $33,000. Tripletail Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the third quarter worth $37,000. Finally, Ryan Investment Management Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at $36,000.
iShares S&P 500 Value ETF Trading Down 0.2%
NYSEARCA:IVE opened at $213.79 on Tuesday. The firm’s fifty day simple moving average is $210.41 and its 200 day simple moving average is $204.03. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $214.90. The firm has a market capitalization of $43.60 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89.
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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.
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