Persium Advisors LLC Buys Shares of 1,126 iShares S&P 500 Value ETF (NYSEARCA:IVE)

Persium Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 1,126 shares of the company’s stock, valued at approximately $215,000.

A number of other hedge funds have also recently modified their holdings of the business. Chesapeake Wealth Management boosted its holdings in iShares S&P 500 Value ETF by 3.8% in the 3rd quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock worth $272,000 after buying an additional 50 shares during the period. GDS Wealth Management boosted its holdings in iShares S&P 500 Value ETF by 3.3% in the 3rd quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock worth $348,000 after buying an additional 56 shares during the period. Whitcomb & Hess Inc. boosted its holdings in iShares S&P 500 Value ETF by 1.0% in the 3rd quarter. Whitcomb & Hess Inc. now owns 6,023 shares of the company’s stock worth $1,188,000 after buying an additional 58 shares during the period. Axiom Advisory LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 1.8% during the 3rd quarter. Axiom Advisory LLC now owns 3,392 shares of the company’s stock valued at $646,000 after purchasing an additional 61 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 0.6% during the 3rd quarter. Kohmann Bosshard Financial Services LLC now owns 10,171 shares of the company’s stock valued at $2,005,000 after purchasing an additional 63 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE traded up $1.11 during midday trading on Monday, hitting $189.28. 494,929 shares of the company traded hands, compared to its average volume of 984,602. The firm has a 50 day moving average of $197.63 and a 200-day moving average of $193.78. iShares S&P 500 Value ETF has a 52 week low of $170.13 and a 52 week high of $206.63. The stock has a market cap of $33.91 billion, a price-to-earnings 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.