1,191 Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE) Acquired by TFB Advisors LLC

TFB Advisors LLC acquired a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,191 shares of the company’s stock, valued at approximately $212,000.

Several other institutional investors and hedge funds also recently bought and sold shares of IVE. Palisade Asset Management LLC bought a new position in iShares S&P 500 Value ETF in the 1st quarter valued at $26,000. Vima LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth $27,000. Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth $29,000. First Pacific Financial bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth $30,000. Finally, Sound Income Strategies LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth $35,000.

iShares S&P 500 Value ETF Stock Up 0.8 %

Shares of NYSEARCA IVE traded up $1.52 during mid-day trading on Wednesday, reaching $183.25. 365,188 shares of the company were exchanged, compared to its average volume of 784,483. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $187.24. The stock has a market capitalization of $32.83 billion, a PE ratio of 23.79 and a beta of 0.81. The company’s 50 day moving average price is $182.66 and its 200 day moving average price is $179.81.

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.