Roman Butler Fullerton & Co. Makes New $863,000 Investment in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Roman Butler Fullerton & Co. purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, Holdings Channel reports. The firm purchased 4,941 shares of the company’s stock, valued at approximately $863,000.

A number of other hedge funds also recently made changes to their positions in IVE. Ellis Investment Partners LLC lifted its holdings in 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 worth $2,750,000 after purchasing an additional 63 shares during the period. Benjamin F. Edwards & Company Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 4.2% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,619 shares of the company’s stock worth $261,000 after acquiring an additional 65 shares during the period. Cadinha & Co. LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 1.0% in the third quarter. Cadinha & Co. LLC now owns 6,360 shares of the company’s stock valued at $978,000 after acquiring an additional 66 shares in the last quarter. Trifecta Capital Advisors LLC increased its stake in shares of iShares S&P 500 Value ETF by 2.0% during the fourth quarter. Trifecta Capital Advisors LLC now owns 3,401 shares of the company’s stock valued at $591,000 after acquiring an additional 66 shares during the period. Finally, Certified Advisory Corp increased its stake in shares of iShares S&P 500 Value ETF by 1.2% during the first quarter. Certified Advisory Corp now owns 5,528 shares of the company’s stock valued at $839,000 after acquiring an additional 68 shares during the period.

iShares S&P 500 Value ETF Stock Up 0.6 %

IVE traded up $1.00 during trading on Thursday, reaching $177.58. The stock had a trading volume of 97,229 shares, compared to its average volume of 990,783. The stock has a 50 day moving average of $180.87 and a two-hundred day moving average of $170.47. The firm has a market capitalization of $31.87 billion, a price-to-earnings ratio of 23.70 and a beta of 0.87. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $187.24.

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.