Polianta Ltd Takes Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Polianta Ltd purchased a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 37,300 shares of the company’s stock, valued at approximately $7,354,000. iShares S&P 500 Value ETF makes up about 3.4% of Polianta Ltd’s holdings, making the stock its 11th largest position.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Palisade Asset Management LLC purchased a new stake in iShares S&P 500 Value ETF during the first quarter valued at $26,000. Vima LLC purchased a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth approximately $27,000. CarsonAllaria Wealth Management Ltd. grew its position in iShares S&P 500 Value ETF by 289.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock valued at $28,000 after buying an additional 110 shares during the period. Northwest Investment Counselors LLC purchased a new stake in iShares S&P 500 Value ETF during the first quarter valued at approximately $29,000. Finally, Fortis Group Advisors LLC increased its holdings in iShares S&P 500 Value ETF by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock valued at $35,000 after buying an additional 100 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $198.44 on Monday. The company has a market cap of $35.55 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $198.63. The firm has a fifty day moving average price of $193.02 and a 200-day moving average price of $186.73.

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.