Western Financial Corp CA Takes Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Western Financial Corp CA acquired a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 1,193 shares of the company’s stock, valued at approximately $227,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Pinney & Scofield Inc. acquired a new position in iShares S&P 500 Value ETF during the 4th quarter valued at $26,000. Providence First Trust Co acquired a new stake in iShares S&P 500 Value ETF in the 4th quarter worth $31,000. IMG Wealth Management Inc. bought a new position in shares of iShares S&P 500 Value ETF during the 1st quarter worth about $34,000. SJS Investment Consulting Inc. acquired a new position in shares of iShares S&P 500 Value ETF during the first quarter valued at about $37,000. Finally, Fourth Dimension Wealth LLC acquired a new position in shares of iShares S&P 500 Value ETF during the first quarter valued at about $38,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $192.51 on Thursday. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $206.63. The stock has a market cap of $38.60 billion, a PE ratio of 20.88 and a beta of 0.89. The firm has a 50-day simple moving average of $187.41 and a 200 day simple moving average of $190.06.

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.