iShares S&P 500 Value ETF (NYSEARCA:IVE) Sets New 1-Year High at $187.35

iShares S&P 500 Value ETF (NYSEARCA:IVE) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $187.35 and last traded at $186.70, with a volume of 167975 shares changing hands. The stock had previously closed at $186.03.

iShares S&P 500 Value ETF Price Performance

The stock has a market capitalization of $34.09 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The business’s fifty day moving average price is $183.23 and its 200-day moving average price is $180.25.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CGN Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 3.0% during the second quarter. CGN Advisors LLC now owns 1,860 shares of the company’s stock worth $339,000 after purchasing an additional 55 shares during the last quarter. Moloney Securities Asset Management LLC boosted its holdings in iShares S&P 500 Value ETF by 2.1% during the first quarter. Moloney Securities Asset Management LLC now owns 2,842 shares of the company’s stock worth $531,000 after purchasing an additional 58 shares during the last quarter. Claro Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 2.0% during the first quarter. Claro Advisors LLC now owns 3,033 shares of the company’s stock worth $567,000 after purchasing an additional 60 shares during the last quarter. Ellis Investment Partners LLC boosted its holdings in iShares S&P 500 Value ETF by 0.4% during 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 last quarter. Finally, Beacon Bridge Wealth Partners LLC boosted its holdings in iShares S&P 500 Value ETF by 4.7% during the fourth quarter. Beacon Bridge Wealth Partners LLC now owns 1,404 shares of the company’s stock worth $244,000 after purchasing an additional 63 shares during the last quarter.

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.