Serenus Wealth Advisors LLC Makes New $17.88 Million Investment in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Serenus Wealth Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 93,684 shares of the company’s stock, valued at approximately $17,882,000. iShares S&P 500 Value ETF makes up about 2.3% of Serenus Wealth Advisors LLC’s portfolio, making the stock its 9th largest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. lifted its position in iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after acquiring an additional 76 shares in the last quarter. Northwest Investment Counselors LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter worth approximately $31,000. Valued Wealth Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $35,000. Perkins Coie Trust Co purchased a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $35,000. Finally, Copley Financial Group Inc. bought a new stake in iShares S&P 500 Value ETF during the third quarter worth $36,000.

iShares S&P 500 Value ETF Trading Down 0.8 %

NYSEARCA IVE opened at $194.62 on Friday. The business has a fifty day simple moving average of $195.24 and a 200 day simple moving average of $195.10. iShares S&P 500 Value ETF has a 12 month low of $173.01 and a 12 month high of $206.63. The firm has a market capitalization of $34.87 billion, a P/E ratio of 23.79 and a beta of 0.81.

About iShares S&P 500 Value ETF

(Free Report)

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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Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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