Washington Trust Bank Has $414,000 Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Washington Trust Bank lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 15.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,170 shares of the company’s stock after buying an additional 295 shares during the period. Washington Trust Bank’s holdings in iShares S&P 500 Value ETF were worth $414,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. lifted its holdings 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 valued at $29,000 after purchasing an additional 76 shares during the last quarter. Kentucky Trust Co acquired a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth approximately $29,000. Providence First Trust Co bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $31,000. Centricity Wealth Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $34,000. Finally, Perkins Coie Trust Co acquired a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at about $35,000.

iShares S&P 500 Value ETF Price Performance

IVE stock opened at $189.82 on Friday. The company has a 50 day moving average price of $194.23 and a 200 day moving average price of $196.02. The stock has a market capitalization of $36.87 billion, a PE ratio of 22.06 and a beta of 0.94. 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 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.