Pillar Financial Advisors LLC Makes New $86,000 Investment in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Pillar Financial Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 450 shares of the company’s stock, valued at approximately $86,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of IVE. Thurston Springer Miller Herd & Titak Inc. grew its position in 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 purchasing an additional 76 shares during the last quarter. Kentucky Trust Co purchased a new position in iShares S&P 500 Value ETF during the 4th quarter worth $29,000. Providence First Trust Co purchased a new position in iShares S&P 500 Value ETF during the 4th quarter worth $31,000. Centricity Wealth Management LLC purchased a new position in iShares S&P 500 Value ETF during the 4th quarter worth $34,000. Finally, Perkins Coie Trust Co acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth $35,000.

iShares S&P 500 Value ETF Stock Up 0.8 %

Shares of NYSEARCA:IVE opened at $194.14 on Friday. The company has a market cap of $35.41 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95. The firm’s 50-day simple moving average is $194.52 and its 200-day simple moving average is $196.32. iShares S&P 500 Value ETF has a fifty-two week low of $176.09 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.