Raleigh Capital Management Inc. Grows Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Raleigh Capital Management Inc. boosted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,889 shares of the company’s stock after purchasing an additional 118 shares during the period. Raleigh Capital Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,124,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of IVE. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of iShares S&P 500 Value ETF by 100.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after buying an additional 76 shares during the period. Northwest Investment Counselors LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $31,000. Valued Wealth Advisors LLC purchased a new stake in iShares S&P 500 Value ETF during the third quarter worth $35,000. Perkins Coie Trust Co purchased a new stake in iShares S&P 500 Value ETF during the fourth quarter worth $35,000. Finally, Copley Financial Group Inc. purchased a new stake in iShares S&P 500 Value ETF during the third quarter worth $36,000.

iShares S&P 500 Value ETF Trading Down 0.1 %

Shares of IVE stock opened at $195.41 on Thursday. The business’s fifty day simple moving average is $196.53 and its 200-day simple moving average is $194.34. The company has a market cap of $35.01 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12-month low of $172.85 and a 12-month high of $206.63.

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.