iShares S&P 500 Value ETF (NYSEARCA:IVE – Get Free Report) shares saw strong trading volume on Thursday . 2,242,358 shares were traded during trading, an increase of 120% from the previous session’s volume of 1,018,668 shares.The stock last traded at $227.91 and had previously closed at $227.99.
iShares S&P 500 Value ETF Trading Down 0.2%
The stock has a fifty day moving average of $219.24 and a two-hundred day moving average of $216.48. The stock has a market capitalization of $50.32 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83.
Institutional Investors Weigh In On iShares S&P 500 Value ETF
Hedge funds and other institutional investors have recently made changes to their positions in the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its stake in shares of iShares S&P 500 Value ETF by 96.6% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 223,947 shares of the company’s stock valued at $47,492,000 after buying an additional 110,058 shares during the period. FLP Wealth Management LLC grew its stake in shares of iShares S&P 500 Value ETF by 1,182.9% during the fourth quarter. FLP Wealth Management LLC now owns 23,964 shares of the company’s stock worth $5,082,000 after purchasing an additional 22,096 shares during the period. Centurion Wealth Management LLC grew its stake in shares of iShares S&P 500 Value ETF by 24.7% during the fourth quarter. Centurion Wealth Management LLC now owns 24,643 shares of the company’s stock worth $5,226,000 after purchasing an additional 4,876 shares during the period. Cassilly Financial Group LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth $2,294,000. Finally, Astoria Strategic Wealth Inc. grew its stake in shares of iShares S&P 500 Value ETF by 6.4% during the third quarter. Astoria Strategic Wealth Inc. now owns 73,162 shares of the company’s stock worth $15,109,000 after purchasing an additional 4,408 shares during the period.
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. 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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