Clarendon Private LLC Purchases New Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Clarendon Private LLC acquired a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,062 shares of the company’s stock, valued at approximately $394,000.

Several other hedge funds have also modified their holdings of IVE. Flagship Private Wealth LLC lifted its position in shares of iShares S&P 500 Value ETF by 8.6% during the 4th quarter. Flagship Private Wealth LLC now owns 3,865 shares of the company’s stock valued at $738,000 after buying an additional 307 shares in the last quarter. Rockwood Wealth Management LLC acquired a new position in iShares S&P 500 Value ETF during the fourth quarter worth $323,000. First Citizens Bank & Trust Co. lifted its holdings in iShares S&P 500 Value ETF by 15.3% during the fourth quarter. First Citizens Bank & Trust Co. now owns 18,703 shares of the company’s stock valued at $3,570,000 after purchasing an additional 2,487 shares in the last quarter. Moody Lynn & Lieberson LLC grew its position in shares of iShares S&P 500 Value ETF by 47.9% in the fourth quarter. Moody Lynn & Lieberson LLC now owns 2,161 shares of the company’s stock valued at $412,000 after purchasing an additional 700 shares during the period. Finally, Merkkuri Wealth Advisors LLC increased its stake in shares of iShares S&P 500 Value ETF by 17.6% during the fourth quarter. Merkkuri Wealth Advisors LLC now owns 4,833 shares of the company’s stock worth $922,000 after purchasing an additional 724 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.2 %

IVE opened at $196.15 on Friday. iShares S&P 500 Value ETF has a twelve month low of $173.01 and a twelve month high of $206.63. The company has a market cap of $35.14 billion, a PE ratio of 23.79 and a beta of 0.81. The company has a 50-day moving average price of $196.39 and a 200 day moving average price of $194.46.

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.