Synergy Investment Management LLC Takes $219,000 Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Synergy Investment Management LLC purchased a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 1,145 shares of the company’s stock, valued at approximately $219,000.

A number of other institutional investors have also recently modified their holdings of IVE. LexAurum Advisors LLC boosted its stake in iShares S&P 500 Value ETF by 47.2% during the 4th quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock valued at $734,000 after purchasing an additional 1,233 shares during the last quarter. Financial Synergies Wealth Advisors Inc. increased its stake in shares of iShares S&P 500 Value ETF by 0.6% in the 4th quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock worth $5,480,000 after purchasing an additional 160 shares in the last quarter. DAVENPORT & Co LLC increased its position in iShares S&P 500 Value ETF by 10.9% in the fourth quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock worth $722,000 after buying an additional 372 shares in the last quarter. Equitable Trust Co. purchased a new stake in iShares S&P 500 Value ETF in the 4th quarter worth approximately $5,806,000. Finally, Empowered Funds LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $133,000.

iShares S&P 500 Value ETF Stock Down 0.9 %

NYSEARCA:IVE opened at $195.36 on Tuesday. The business’s 50-day simple moving average is $194.55 and its two-hundred day simple moving average is $196.33. The stock 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.

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.