Morse Asset Management Inc Invests $41,000 in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Morse Asset Management Inc bought a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 214 shares of the company’s stock, valued at approximately $41,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IVE. West Coast Financial LLC grew its position in shares of iShares S&P 500 Value ETF by 0.3% during the fourth quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock worth $3,137,000 after buying an additional 53 shares in the last quarter. SWP Financial LLC grew its position in shares of iShares S&P 500 Value ETF by 0.4% in the 4th quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock worth $2,443,000 after acquiring an additional 54 shares in the last quarter. Roble Belko & Company Inc boosted its holdings in iShares S&P 500 Value ETF by 0.5% in the fourth quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock worth $2,145,000 after purchasing an additional 57 shares during the period. Family Firm Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 0.5% in the 4th quarter. Family Firm Inc. now owns 10,464 shares of the company’s stock valued at $1,998,000 after buying an additional 57 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in iShares S&P 500 Value ETF by 1.6% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,788 shares of the company’s stock valued at $723,000 after acquiring an additional 59 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $189.63 on Wednesday. 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 capitalization of $37.79 billion, a PE ratio of 21.18 and a beta of 0.89. The business’s fifty day moving average price is $184.05 and its two-hundred day moving average price is $192.28.

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.