Beto Financial Group LLC Acquires Shares of 44,584 iShares S&P 500 Value ETF $IVE

Beto Financial Group LLC acquired a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 44,584 shares of the company’s stock, valued at approximately $9,766,000. iShares S&P 500 Value ETF makes up about 6.7% of Beto Financial Group LLC’s portfolio, making the stock its 2nd largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of IVE. Decker Retirement Planning Inc. acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter worth about $26,000. United Services Automobile Association acquired a new stake in iShares S&P 500 Value ETF during the second quarter worth about $26,000. Palisade Asset Management LLC acquired a new stake in iShares S&P 500 Value ETF during the third quarter worth about $29,000. Ransom Advisory Ltd acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter worth about $31,000. Finally, Birchbrook Inc. acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter worth about $31,000.

iShares S&P 500 Value ETF Stock Down 0.5%

Shares of iShares S&P 500 Value ETF stock opened at $226.71 on Tuesday. The company has a market capitalization of $50.06 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 12-month low of $187.50 and a 12-month high of $228.95. The firm’s 50-day moving average price is $219.58 and its two-hundred day moving average price is $216.64.

iShares S&P 500 Value ETF Profile

(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.

Further Reading

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Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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