Goelzer Investment Management Inc. Makes New Investment in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Goelzer Investment Management Inc. acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,900 shares of the company’s stock, valued at approximately $363,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sachetta LLC lifted its position in shares of iShares S&P 500 Value ETF by 1.5% in the fourth quarter. Sachetta LLC now owns 9,729 shares of the company’s stock worth $1,857,000 after purchasing an additional 143 shares in the last quarter. CX Institutional lifted its position in iShares S&P 500 Value ETF by 40.2% during the 4th quarter. CX Institutional now owns 232,351 shares of the company’s stock worth $44,351,000 after buying an additional 66,599 shares in the last quarter. Rodgers & Associates LTD boosted its stake in shares of iShares S&P 500 Value ETF by 3.2% during the 4th quarter. Rodgers & Associates LTD now owns 46,894 shares of the company’s stock worth $8,951,000 after buying an additional 1,447 shares during the last quarter. Sound Income Strategies LLC grew its holdings in shares of iShares S&P 500 Value ETF by 358.3% in the 4th quarter. Sound Income Strategies LLC now owns 15,963 shares of the company’s stock valued at $3,047,000 after acquiring an additional 12,480 shares in the last quarter. Finally, LexAurum Advisors LLC increased its position in shares of iShares S&P 500 Value ETF by 47.2% in the fourth quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock valued at $734,000 after acquiring an additional 1,233 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA IVE opened at $196.15 on Friday. The stock has a market capitalization of $35.14 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52 week low of $173.01 and a 52 week high of $206.63. The stock has a 50 day moving average price of $196.39 and a 200 day moving average price of $194.46.

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.