1,550 Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE) Purchased by WESPAC Advisors LLC

WESPAC Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,550 shares of the company’s stock, valued at approximately $296,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Stifel Financial Corp lifted its holdings in iShares S&P 500 Value ETF by 2.5% in the third quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock valued at $490,670,000 after acquiring an additional 60,868 shares during the period. PNC Financial Services Group Inc. lifted its holdings in iShares S&P 500 Value ETF by 7.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after acquiring an additional 139,651 shares during the period. Huntington National Bank lifted its holdings in iShares S&P 500 Value ETF by 6.9% in the third quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock valued at $206,225,000 after acquiring an additional 67,448 shares during the period. Park Avenue Securities LLC lifted its holdings in iShares S&P 500 Value ETF by 5.8% in the fourth quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock valued at $180,895,000 after acquiring an additional 51,773 shares during the period. Finally, MAI Capital Management lifted its holdings in iShares S&P 500 Value ETF by 1.8% in the third quarter. MAI Capital Management now owns 754,586 shares of the company’s stock valued at $148,782,000 after acquiring an additional 13,079 shares during the period.

iShares S&P 500 Value ETF Trading Down 1.0 %

Shares of NYSEARCA:IVE opened at $196.39 on Monday. The company has a market capitalization of $35.82 billion, a PE ratio of 22.47 and a beta of 0.95. The business has a 50 day moving average of $194.14 and a two-hundred day moving average of $195.94. iShares S&P 500 Value ETF has a 12-month low of $176.09 and a 12-month high of $206.63.

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.