iShares S&P 500 Value ETF (NYSEARCA:IVE) Stake Lifted by CX Institutional

CX Institutional grew its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 40.2% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 232,351 shares of the company’s stock after buying an additional 66,599 shares during the period. iShares S&P 500 Value ETF accounts for approximately 1.8% of CX Institutional’s portfolio, making the stock its 10th largest position. CX Institutional’s holdings in iShares S&P 500 Value ETF were worth $44,351,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after buying an additional 76 shares in the last quarter. Northwest Investment Counselors LLC acquired a new position in iShares S&P 500 Value ETF during the third quarter worth $31,000. Valued Wealth Advisors LLC purchased a new position in iShares S&P 500 Value ETF in the third quarter worth $35,000. Perkins Coie Trust Co acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at $35,000. Finally, Copley Financial Group Inc. purchased a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth $36,000.

iShares S&P 500 Value ETF Stock Down 0.1 %

NYSEARCA:IVE opened at $196.38 on Friday. The firm’s fifty day simple moving average is $196.53 and its 200-day simple moving average is $194.34. The stock has a market cap of $35.18 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a fifty-two week low of $173.01 and a fifty-two week high of $206.63.

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.