Smartleaf Asset Management LLC Boosts Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Smartleaf Asset Management LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.9% in the 4th quarter, Holdings Channel reports. The fund owned 4,233 shares of the company’s stock after acquiring an additional 235 shares during the quarter. Smartleaf Asset Management LLC’s holdings in iShares S&P 500 Value ETF were worth $807,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kentucky Trust Co purchased a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at approximately $29,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after acquiring an additional 76 shares during the last quarter. Providence First Trust Co purchased a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at approximately $31,000. Centricity Wealth Management LLC purchased a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at approximately $34,000. Finally, Perkins Coie Trust Co purchased a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at approximately $35,000.

iShares S&P 500 Value ETF Stock Down 0.9 %

IVE opened at $195.36 on Tuesday. The business has a 50 day moving average price of $194.55 and a two-hundred day moving average price of $196.33. The company has a market cap of $35.63 billion, a PE ratio of 22.47 and a beta of 0.95. iShares S&P 500 Value ETF has a 52 week low of $176.09 and a 52 week 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.