iShares S&P 500 Value ETF $IVE Shares Acquired by Bush Investment Group LLC

Bush Investment Group LLC increased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 44.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 20,919 shares of the company’s stock after acquiring an additional 6,450 shares during the period. iShares S&P 500 Value ETF comprises 2.5% of Bush Investment Group LLC’s investment portfolio, making the stock its 9th biggest position. Bush Investment Group LLC’s holdings in iShares S&P 500 Value ETF were worth $4,436,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Compass Financial Group Inc. Ohio bought a new position in iShares S&P 500 Value ETF in the 4th quarter valued at $826,000. AG Campbell Advisory LLC acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at $144,000. Rehmann Capital Advisory Group lifted its stake in shares of iShares S&P 500 Value ETF by 4.3% during the fourth quarter. Rehmann Capital Advisory Group now owns 684,489 shares of the company’s stock valued at $145,674,000 after acquiring an additional 28,170 shares during the period. SHP Wealth Management bought a new position in iShares S&P 500 Value ETF in the fourth quarter valued at about $157,000. Finally, hemming& Wealth Management Inc. acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter worth about $18,123,000.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE opened at $226.38 on Friday. The stock has a market capitalization of $49.98 billion, a P/E ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 1-year low of $189.67 and a 1-year high of $230.05. The business has a 50-day moving average price of $224.14 and a two-hundred day moving average price of $218.40.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.