Petersen Hastings Wealth Advisors Inc. acquired a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 33,867 shares of the company’s stock, valued at approximately $7,182,000. iShares S&P 500 Value ETF comprises approximately 0.7% of Petersen Hastings Wealth Advisors Inc.’s investment portfolio, making the stock its 14th biggest holding.
Several other hedge funds have also modified their holdings of IVE. Brighton Jones LLC raised its stake in shares of iShares S&P 500 Value ETF by 0.8% in the fourth quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock valued at $2,679,000 after acquiring an additional 112 shares in the last quarter. Great Lakes Advisors LLC raised its stake in iShares S&P 500 Value ETF by 6,385.7% in the first quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock valued at $83,000 after buying an additional 447 shares in the last quarter. Schnieders Capital Management LLC. acquired a new stake in iShares S&P 500 Value ETF in the second quarter valued at $550,000. Russell Investments Group Ltd. raised its stake in iShares S&P 500 Value ETF by 28.8% in the second quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock valued at $416,000 after buying an additional 477 shares in the last quarter. Finally, First Trust Advisors LP raised its stake in iShares S&P 500 Value ETF by 2.8% in the second quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock valued at $5,184,000 after buying an additional 731 shares in the last quarter.
iShares S&P 500 Value ETF Price Performance
iShares S&P 500 Value ETF stock opened at $229.17 on Friday. iShares S&P 500 Value ETF has a 1-year low of $189.34 and a 1-year high of $229.53. The stock has a market cap of $50.60 billion, a PE ratio of 20.70 and a beta of 0.82. The stock’s fifty day moving average is $220.71 and its two-hundred day moving average is $217.01.
iShares S&P 500 Value ETF 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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.
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