Maiden Cove Capital LLC Takes $403,000 Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Maiden Cove Capital LLC acquired a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,114 shares of the company’s stock, valued at approximately $403,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kelly Financial Services LLC grew its position in iShares S&P 500 Value ETF by 7.7% in the fourth quarter. Kelly Financial Services LLC now owns 34,414 shares of the company’s stock worth $6,570,000 after acquiring an additional 2,454 shares during the period. Perkins Coie Trust Co acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at $35,000. Ameritas Advisory Services LLC lifted its stake in shares of iShares S&P 500 Value ETF by 41.7% in the 4th quarter. Ameritas Advisory Services LLC now owns 22,267 shares of the company’s stock valued at $4,250,000 after purchasing an additional 6,552 shares during the last quarter. Trust Co. of Vermont grew its holdings in shares of iShares S&P 500 Value ETF by 63.9% during the 4th quarter. Trust Co. of Vermont now owns 1,769 shares of the company’s stock worth $338,000 after purchasing an additional 690 shares during the period. Finally, Arkadios Wealth Advisors increased its position in shares of iShares S&P 500 Value ETF by 16.4% during the 4th quarter. Arkadios Wealth Advisors now owns 6,526 shares of the company’s stock worth $1,246,000 after purchasing an additional 921 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.7 %

Shares of IVE opened at $194.09 on Friday. The company’s 50-day moving average price is $196.93 and its 200 day moving average price is $194.06. iShares S&P 500 Value ETF has a 12-month low of $170.13 and a 12-month high of $206.63. The firm has a market cap of $34.77 billion, a P/E ratio of 23.79 and a beta of 0.81.

iShares S&P 500 Value ETF Company 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.