Cypress Wealth Services LLC Buys 30,226 Shares of iShares S&P 500 Value ETF $IVE

Cypress Wealth Services LLC grew its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 50.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 89,705 shares of the company’s stock after buying an additional 30,226 shares during the quarter. iShares S&P 500 Value ETF makes up 2.6% of Cypress Wealth Services LLC’s holdings, making the stock its 6th biggest holding. Cypress Wealth Services LLC’s holdings in iShares S&P 500 Value ETF were worth $19,024,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. United Services Automobile Association bought a new stake in shares of iShares S&P 500 Value ETF during the second quarter worth about $26,000. Palisade Asset Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $29,000. Ransom Advisory Ltd bought a new position in iShares S&P 500 Value ETF in the 4th quarter valued at approximately $31,000. Center for Financial Planning Inc. bought a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at approximately $32,000. Finally, Tripletail Wealth Management LLC acquired a new stake in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $37,000.

iShares S&P 500 Value ETF Price Performance

IVE opened at $207.57 on Friday. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $223.05. The firm has a market capitalization of $46.89 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. The company’s 50 day moving average price is $216.98 and its two-hundred day moving average price is $212.19.

iShares S&P 500 Value ETF Company 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. 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.