Fiduciary Advisors Inc. Takes $197,000 Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Fiduciary Advisors Inc. acquired a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 1,030 shares of the company’s stock, valued at approximately $197,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of 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 valued at $29,000 after purchasing an additional 76 shares in the last quarter. Northwest Investment Counselors LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at about $31,000. Valued Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at about $35,000. Perkins Coie Trust Co acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $35,000. Finally, Copley Financial Group Inc. acquired a new position in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $36,000.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $197.41 on Friday. The stock’s 50 day moving average price is $196.24 and its 200 day moving average price is $194.81. The firm has a market capitalization of $35.37 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a one year low of $173.01 and a one year high of $206.63.

iShares S&P 500 Value ETF 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.