48,872 Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE) Purchased by Seros Financial LLC

Seros Financial LLC bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, Holdings Channel reports. The firm bought 48,872 shares of the company’s stock, valued at approximately $8,895,000. iShares S&P 500 Value ETF comprises 8.0% of Seros Financial LLC’s holdings, making the stock its 3rd biggest position.

Several other hedge funds also recently bought and sold shares of IVE. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after purchasing an additional 76 shares during the period. Northwest Investment Counselors LLC bought a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at $31,000. Valued Wealth Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth about $35,000. Perkins Coie Trust Co bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth approximately $35,000. Finally, Copley Financial Group Inc. bought a new position in iShares S&P 500 Value ETF during the 3rd quarter worth $36,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $196.52 on Friday. iShares S&P 500 Value ETF has a one year low of $172.85 and a one year high of $206.63. The company has a market cap of $35.21 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The firm has a 50 day simple moving average of $196.53 and a 200 day simple moving average of $194.34.

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.