iShares S&P 500 Value ETF $IVE Shares Bought by Asset Dedication LLC

Asset Dedication LLC lifted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 20.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,669 shares of the company’s stock after purchasing an additional 2,516 shares during the period. Asset Dedication LLC’s holdings in iShares S&P 500 Value ETF were worth $3,111,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in IVE. Decker Retirement Planning Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $26,000. United Services Automobile Association acquired a new position in shares of iShares S&P 500 Value ETF in 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 worth about $29,000. Ransom Advisory Ltd acquired a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $31,000. Finally, Center for Financial Planning Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the third quarter worth about $32,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $220.89 on Friday. iShares S&P 500 Value ETF has a one year low of $172.13 and a one year high of $223.05. The company has a 50-day moving average of $216.07 and a two-hundred day moving average of $213.22. The stock has a market cap of $48.71 billion, a price-to-earnings ratio of 20.70 and a beta of 0.85.

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.