Sage Investment Advisers LLC Purchases 1,053 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Sage Investment Advisers LLC lifted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 12,662 shares of the company’s stock after buying an additional 1,053 shares during the quarter. iShares S&P 500 Value ETF comprises approximately 2.7% of Sage Investment Advisers LLC’s portfolio, making the stock its 10th largest holding. Sage Investment Advisers LLC’s holdings in iShares S&P 500 Value ETF were worth $2,202,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Lincoln National Corp raised its stake in shares of iShares S&P 500 Value ETF by 4.1% during the fourth quarter. Lincoln National Corp now owns 12,589 shares of the company’s stock valued at $2,189,000 after purchasing an additional 501 shares during the period. Private Advisor Group LLC lifted its holdings in iShares S&P 500 Value ETF by 1.4% in the 4th quarter. Private Advisor Group LLC now owns 116,819 shares of the company’s stock worth $20,314,000 after buying an additional 1,649 shares in the last quarter. Wealthcare Advisory Partners LLC boosted its position in iShares S&P 500 Value ETF by 4.8% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 6,805 shares of the company’s stock valued at $1,183,000 after buying an additional 314 shares during the last quarter. GUNN & Co INVESTMENT MANAGEMENT INC. acquired a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at about $430,000. Finally, Connecticut Wealth Management LLC increased its position in shares of iShares S&P 500 Value ETF by 8.8% during the fourth quarter. Connecticut Wealth Management LLC now owns 8,910 shares of the company’s stock worth $1,549,000 after acquiring an additional 722 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

IVE traded up $0.20 on Wednesday, reaching $182.16. The company’s stock had a trading volume of 322,524 shares, compared to its average volume of 935,388. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $187.24. The business’s 50 day moving average is $181.63 and its 200 day moving average is $173.22. The stock has a market cap of $32.63 billion, a price-to-earnings ratio of 23.38 and a beta of 0.84.

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.