Equitable Trust Co. Makes New $5.81 Million Investment in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Equitable Trust Co. bought a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 30,417 shares of the company’s stock, valued at approximately $5,806,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. grew its position in iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after purchasing an additional 76 shares during the last quarter. Northwest Investment Counselors LLC bought a new position in iShares S&P 500 Value ETF in the 3rd quarter worth about $31,000. Valued Wealth Advisors LLC bought a new position in iShares S&P 500 Value ETF in the 3rd quarter worth about $35,000. Perkins Coie Trust Co bought a new position in iShares S&P 500 Value ETF in the 4th quarter worth about $35,000. Finally, Copley Financial Group Inc. bought a new position in iShares S&P 500 Value ETF in the 3rd quarter worth about $36,000.

iShares S&P 500 Value ETF Trading Down 0.8 %

NYSEARCA IVE opened at $194.62 on Monday. The company has a 50-day moving average price of $195.01 and a two-hundred day moving average price of $195.20. The stock has a market cap of $34.87 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52 week low of $173.01 and a 52 week high of $206.63.

iShares S&P 500 Value ETF Company Profile

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.