Essex Savings Bank Grows Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Essex Savings Bank raised its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 226.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,393 shares of the company’s stock after buying an additional 3,046 shares during the period. Essex Savings Bank’s holdings in iShares S&P 500 Value ETF were worth $866,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. Objective Capital Management LLC purchased a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at about $2,541,000. Lindbrook Capital LLC lifted its position in shares of iShares S&P 500 Value ETF by 2.6% in the 3rd quarter. Lindbrook Capital LLC now owns 5,407 shares of the company’s stock worth $1,066,000 after purchasing an additional 135 shares during the period. Processus Wealth & Capital Management LLC lifted its position in shares of iShares S&P 500 Value ETF by 3.6% in the 3rd quarter. Processus Wealth & Capital Management LLC now owns 3,859 shares of the company’s stock worth $761,000 after purchasing an additional 135 shares during the period. Assetmark Inc. lifted its position in shares of iShares S&P 500 Value ETF by 16.9% in the 3rd quarter. Assetmark Inc. now owns 857 shares of the company’s stock worth $169,000 after purchasing an additional 124 shares during the period. Finally, Sequent Asset Management LLC lifted its position in shares of iShares S&P 500 Value ETF by 14.8% in the 3rd quarter. Sequent Asset Management LLC now owns 16,506 shares of the company’s stock worth $3,254,000 after purchasing an additional 2,123 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE opened at $201.82 on Friday. The company has a 50 day moving average price of $196.49 and a 200-day moving average price of $188.96. iShares S&P 500 Value ETF has a fifty-two week low of $155.79 and a fifty-two week high of $202.44. The stock has a market capitalization of $36.16 billion, a PE ratio of 23.79 and a beta of 0.81.

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.