Bare Financial Services Inc Makes New $3 Million Investment in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Bare Financial Services Inc acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 17,271 shares of the company’s stock, valued at approximately $3,003,000. iShares S&P 500 Value ETF comprises 6.0% of Bare Financial Services Inc’s holdings, making the stock its 5th largest position.

A number of other large investors also recently modified their holdings of the business. Ellis Investment Partners LLC boosted its stake in shares of iShares S&P 500 Value ETF by 0.4% during the 4th quarter. Ellis Investment Partners LLC now owns 15,815 shares of the company’s stock worth $2,750,000 after buying an additional 63 shares during the last quarter. Cadinha & Co. LLC lifted its stake in iShares S&P 500 Value ETF by 1.0% in the 3rd quarter. Cadinha & Co. LLC now owns 6,360 shares of the company’s stock valued at $978,000 after purchasing an additional 66 shares during the last quarter. Trifecta Capital Advisors LLC lifted its stake in iShares S&P 500 Value ETF by 2.0% in the 4th quarter. Trifecta Capital Advisors LLC now owns 3,401 shares of the company’s stock valued at $591,000 after purchasing an additional 66 shares during the last quarter. Oxinas Partners Wealth Management LLC lifted its stake in iShares S&P 500 Value ETF by 1.1% in the 4th quarter. Oxinas Partners Wealth Management LLC now owns 6,529 shares of the company’s stock valued at $1,135,000 after purchasing an additional 71 shares during the last quarter. Finally, Financial Counselors Inc. lifted its stake in iShares S&P 500 Value ETF by 0.7% in the 4th quarter. Financial Counselors Inc. now owns 10,184 shares of the company’s stock valued at $1,771,000 after purchasing an additional 71 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE traded up $1.00 during mid-day trading on Thursday, hitting $179.36. The stock had a trading volume of 1,004,813 shares, compared to its average volume of 951,313. iShares S&P 500 Value ETF has a twelve month low of $147.23 and a twelve month high of $187.24. The stock has a market cap of $32.13 billion, a price-to-earnings ratio of 23.38 and a beta of 0.84. The company’s 50 day simple moving average is $181.50 and its 200 day simple moving average is $172.31.

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.