Pinnacle Financial Partners Inc Raises Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Pinnacle Financial Partners Inc boosted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 46,213 shares of the company’s stock after purchasing an additional 464 shares during the period. Pinnacle Financial Partners Inc’s holdings in iShares S&P 500 Value ETF were worth $8,853,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IVE. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in iShares S&P 500 Value ETF by 100.0% in the fourth 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 purchased a new position in iShares S&P 500 Value ETF in the fourth quarter valued at about $29,000. Centricity Wealth Management LLC purchased a new position in iShares S&P 500 Value ETF in the fourth quarter valued at about $34,000. Valued Wealth Advisors LLC purchased a new position in iShares S&P 500 Value ETF in the third quarter valued at about $35,000. Finally, Perkins Coie Trust Co purchased a new position in iShares S&P 500 Value ETF in the fourth quarter valued at about $35,000.

iShares S&P 500 Value ETF Stock Down 1.0 %

NYSEARCA:IVE opened at $196.39 on Friday. The business’s 50 day moving average is $194.14 and its two-hundred day moving average is $195.85. iShares S&P 500 Value ETF has a 52 week low of $176.09 and a 52 week high of $206.63. The company has a market cap of $35.82 billion, a PE ratio of 22.47 and a beta of 0.95.

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.