First Pacific Financial Invests $30,000 in iShares S&P 500 Value ETF (NYSEARCA:IVE)

First Pacific Financial bought a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 171 shares of the company’s stock, valued at approximately $30,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IVE. Whitcomb & Hess Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 6.5% during the fourth quarter. Whitcomb & Hess Inc. now owns 6,605 shares of the company’s stock valued at $1,149,000 after acquiring an additional 402 shares during the period. Trust Co of the South bought a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at about $729,000. Smith Anglin Financial LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 4.8% during the 4th quarter. Smith Anglin Financial LLC now owns 376,324 shares of the company’s stock valued at $65,439,000 after purchasing an additional 17,236 shares in the last quarter. Blackston Financial Advisory Group LLC bought a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at about $890,000. Finally, Sendero Wealth Management LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 32.9% during the 4th quarter. Sendero Wealth Management LLC now owns 5,073 shares of the company’s stock valued at $882,000 after purchasing an additional 1,255 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

NYSEARCA:IVE opened at $186.13 on Thursday. The stock has a market capitalization of $29.43 billion, a PE ratio of 15.85 and a beta of 0.94. The business’s 50-day simple moving average is $178.19 and its 200-day simple moving average is $167.83. iShares S&P 500 Value ETF has a fifty-two week low of $145.90 and a fifty-two week high of $186.14.

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.