3,493 Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE) Purchased by Creekmur Asset Management LLC

Creekmur Asset Management LLC acquired a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 3,493 shares of the company’s stock, valued at approximately $607,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Transcendent Capital Group LLC bought a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at about $85,000. Scarborough Advisors LLC bought a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at approximately $42,000. American International Group Inc. lifted its stake in iShares S&P 500 Value ETF by 187.1% in the 4th quarter. American International Group Inc. now owns 126,279 shares of the company’s stock valued at $21,959,000 after acquiring an additional 82,300 shares in the last quarter. EP Wealth Advisors LLC lifted its stake in iShares S&P 500 Value ETF by 2.0% in the 4th quarter. EP Wealth Advisors LLC now owns 40,080 shares of the company’s stock valued at $6,969,000 after acquiring an additional 778 shares in the last quarter. Finally, Centaurus Financial Inc. lifted its stake in iShares S&P 500 Value ETF by 58.2% in the 4th quarter. Centaurus Financial Inc. now owns 4,375 shares of the company’s stock valued at $761,000 after acquiring an additional 1,609 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE traded down $0.48 during trading on Friday, hitting $180.50. The stock had a trading volume of 375,332 shares, compared to its average volume of 819,046. The company has a market capitalization of $32.34 billion, a PE ratio of 23.79 and a beta of 0.81. The company’s 50-day moving average price is $181.93 and its two-hundred day moving average price is $178.20. iShares S&P 500 Value ETF has a 12 month low of $147.23 and a 12 month high of $187.24.

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.