Almanack Investment Partners LLC. Makes New Investment in iShares S&P 500 Value ETF $IVE

Almanack Investment Partners LLC. acquired a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,045 shares of the company’s stock, valued at approximately $204,000.

Several other large investors have also modified their holdings of the stock. Cloud Capital Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the first quarter worth approximately $27,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the first quarter worth approximately $29,000. Nemes Rush Group LLC boosted its position in shares of iShares S&P 500 Value ETF by 625.0% in the first quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock worth $33,000 after acquiring an additional 150 shares during the last quarter. Flaharty Asset Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the first quarter worth approximately $33,000. Finally, IMG Wealth Management Inc. acquired a new stake in shares of iShares S&P 500 Value ETF in the first quarter worth approximately $34,000.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $204.31 on Tuesday. The company’s 50 day simple moving average is $203.37 and its 200 day simple moving average is $194.12. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $209.12. The stock has a market capitalization of $41.29 billion, a PE ratio of 20.70 and a beta of 0.94.

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.