Sage Investment Advisers LLC bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 18,715 shares of the company’s stock, valued at approximately $3,969,000. iShares S&P 500 Value ETF makes up about 3.0% of Sage Investment Advisers LLC’s holdings, making the stock its 6th biggest holding.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Decker Retirement Planning Inc. acquired a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at about $26,000. United Services Automobile Association acquired a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter valued at about $26,000. Palisade Asset Management LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at about $29,000. Ransom Advisory Ltd acquired a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at about $31,000. Finally, Birchbrook Inc. acquired a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at about $31,000.
iShares S&P 500 Value ETF Price Performance
NYSEARCA IVE opened at $227.92 on Monday. The firm’s 50-day moving average is $219.24 and its two-hundred day moving average is $216.53. iShares S&P 500 Value ETF has a 12 month low of $187.50 and a 12 month high of $228.95. The stock has a market capitalization of $50.32 billion, a P/E ratio of 20.70 and a beta of 0.83.
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. 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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