Blue Edge Capital LLC Buys 24,842 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Blue Edge Capital LLC boosted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 65.3% during the fourth quarter, HoldingsChannel reports. The fund owned 62,914 shares of the company’s stock after purchasing an additional 24,842 shares during the quarter. iShares S&P 500 Value ETF comprises 1.9% of Blue Edge Capital LLC’s holdings, making the stock its 14th largest position. Blue Edge Capital LLC’s holdings in iShares S&P 500 Value ETF were worth $12,009,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. lifted its position 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 valued at $29,000 after acquiring an additional 76 shares during the period. Kentucky Trust Co bought a new position in iShares S&P 500 Value ETF during the fourth quarter valued at about $29,000. Providence First Trust Co bought a new position in iShares S&P 500 Value ETF during the fourth quarter worth about $31,000. Centricity Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $34,000. Finally, Perkins Coie Trust Co purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $35,000.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $180.92 on Thursday. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $206.63. The firm has a market cap of $35.23 billion, a PE ratio of 21.80 and a beta of 0.94. The company has a 50 day simple moving average of $190.83 and a two-hundred day simple moving average of $194.90.

About iShares S&P 500 Value ETF

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.