Ridgeline Wealth LLC Purchases Shares of 2,003 iShares S&P 500 Value ETF (NYSEARCA:IVE)

Ridgeline Wealth LLC acquired a new position in iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) in the fourth quarter, HoldingsChannel reports. The firm acquired 2,003 shares of the company’s stock, valued at approximately $382,000.

A number of other institutional investors also recently made changes to their positions in IVE. Northwest Investment Counselors LLC purchased a new position in iShares S&P 500 Value ETF in the 3rd quarter worth $31,000. Valued Wealth Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at about $35,000. Copley Financial Group Inc. purchased a new stake in iShares S&P 500 Value ETF during the 3rd quarter valued at about $36,000. Hobbs Group Advisors LLC bought a new position in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $40,000. Finally, Colony Family Offices LLC increased its stake in iShares S&P 500 Value ETF by 77.3% in the 3rd quarter. Colony Family Offices LLC now owns 273 shares of the company’s stock worth $54,000 after purchasing an additional 119 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.0 %

IVE stock traded up $0.06 during midday trading on Monday, hitting $191.51. The company had a trading volume of 638,433 shares, compared to its average volume of 1,407,211. iShares S&P 500 Value ETF has a 52 week low of $170.13 and a 52 week high of $206.63. The stock has a market cap of $34.31 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The stock’s 50 day moving average price is $198.14 and its 200 day moving average price is $193.51.

iShares S&P 500 Value ETF Company 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.

Further Reading

Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report).

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

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