Trust Point Inc. Buys Shares of 71,562 iShares S&P 500 Value ETF (NYSEARCA:IVE)

Trust Point Inc. bought a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 71,562 shares of the company’s stock, valued at approximately $12,444,000. iShares S&P 500 Value ETF accounts for approximately 1.0% of Trust Point Inc.’s portfolio, making the stock its 11th biggest position.

A number of other institutional investors also recently bought and sold shares of the company. Benjamin F. Edwards & Company Inc. lifted its holdings in iShares S&P 500 Value ETF by 4.2% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,619 shares of the company’s stock valued at $261,000 after acquiring an additional 65 shares during the period. Cadinha & Co. LLC raised its stake in shares of iShares S&P 500 Value ETF by 1.0% in the third quarter. Cadinha & Co. LLC now owns 6,360 shares of the company’s stock worth $978,000 after buying an additional 66 shares during the period. Certified Advisory Corp raised its stake in shares of iShares S&P 500 Value ETF by 1.2% in the first quarter. Certified Advisory Corp now owns 5,528 shares of the company’s stock worth $839,000 after buying an additional 68 shares during the period. Oxinas Partners Wealth Management LLC raised its stake in shares of iShares S&P 500 Value ETF by 1.1% in the fourth quarter. Oxinas Partners Wealth Management LLC now owns 6,529 shares of the company’s stock worth $1,135,000 after buying an additional 71 shares during the period. Finally, Fort Pitt Capital Group LLC raised its stake in shares of iShares S&P 500 Value ETF by 5.4% in the third quarter. Fort Pitt Capital Group LLC now owns 1,394 shares of the company’s stock worth $214,000 after buying an additional 72 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA IVE traded up $0.01 during trading on Wednesday, hitting $184.49. The company had a trading volume of 138,134 shares, compared to its average volume of 1,068,572. The stock has a 50 day simple moving average of $179.32 and a 200 day simple moving average of $168.52. iShares S&P 500 Value ETF has a 12 month low of $147.23 and a 12 month high of $187.24. The firm has a market capitalization of $29.17 billion, a P/E ratio of 15.85 and a beta of 0.94.

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

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

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