Sharkey Howes & Javer increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 2.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 76,730 shares of the company’s stock after acquiring an additional 1,810 shares during the period. iShares S&P 500 Value ETF comprises approximately 2.1% of Sharkey Howes & Javer’s investment portfolio, making the stock its 11th largest holding. Sharkey Howes & Javer’s holdings in iShares S&P 500 Value ETF were worth $14,646,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also bought and sold shares of IVE. Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after buying an additional 76 shares during the period. Kentucky Trust Co bought a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $29,000. Providence First Trust Co bought a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $31,000. Centricity Wealth Management LLC bought a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $34,000. Finally, Perkins Coie Trust Co bought a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $35,000.
iShares S&P 500 Value ETF Stock Up 1.3 %
NYSEARCA:IVE opened at $197.20 on Friday. The stock’s 50 day moving average price is $194.49 and its two-hundred day moving average price is $196.23. The firm has a market capitalization of $35.97 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95. iShares S&P 500 Value ETF has a 12-month low of $176.09 and a 12-month high of $206.63.
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.
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