iShares S&P 500 Value ETF (NYSEARCA:IVE) Sets New 52-Week High – Time to Buy?

Shares of iShares S&P 500 Value ETF (NYSEARCA:IVEGet Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $235.18 and last traded at $235.18, with a volume of 295936 shares traded. The stock had previously closed at $233.09.

iShares S&P 500 Value ETF Price Performance

The firm has a market cap of $49.81 billion, a P/E ratio of 20.70 and a beta of 0.82. The business’s 50-day moving average is $228.93 and its two-hundred day moving average is $222.05.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Rockwood Wealth Management LLC lifted its position in iShares S&P 500 Value ETF by 2.7% during the first quarter. Rockwood Wealth Management LLC now owns 1,785 shares of the company’s stock worth $377,000 after buying an additional 47 shares during the period. Patten & Patten Inc. TN grew its holdings in iShares S&P 500 Value ETF by 4.8% in the 4th quarter. Patten & Patten Inc. TN now owns 1,048 shares of the company’s stock valued at $222,000 after buying an additional 48 shares during the period. Flagship Private Wealth LLC increased its stake in shares of iShares S&P 500 Value ETF by 1.1% during the 4th quarter. Flagship Private Wealth LLC now owns 4,250 shares of the company’s stock valued at $901,000 after acquiring an additional 48 shares during the last quarter. Bernardo Wealth Planning LLC increased its stake in shares of iShares S&P 500 Value ETF by 0.5% during the 4th quarter. Bernardo Wealth Planning LLC now owns 9,495 shares of the company’s stock valued at $2,014,000 after acquiring an additional 49 shares during the last quarter. Finally, Stegner Investment Associates Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 0.3% during the 4th quarter. Stegner Investment Associates Inc. now owns 16,304 shares of the company’s stock worth $3,457,000 after acquiring an additional 49 shares during the period.

About iShares S&P 500 Value ETF

(Get Free Report)

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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