Middleton & Co. Inc. MA Increases Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Middleton & Co. Inc. MA boosted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,950 shares of the company’s stock after purchasing an additional 150 shares during the quarter. Middleton & Co. Inc. MA’s holdings in iShares S&P 500 Value ETF were worth $372,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Kentucky Trust Co purchased a new stake in iShares S&P 500 Value ETF in the 4th quarter worth $29,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after purchasing an additional 76 shares in the last quarter. Providence First Trust Co purchased a new stake in iShares S&P 500 Value ETF in the 4th quarter worth $31,000. Centricity Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth about $34,000. Finally, Valued Wealth Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter worth about $35,000.

iShares S&P 500 Value ETF Stock Up 1.3 %

iShares S&P 500 Value ETF stock opened at $197.20 on Friday. The company’s 50-day moving average price is $194.49 and its 200-day moving average price is $196.16. iShares S&P 500 Value ETF has a twelve month low of $176.09 and a twelve month high of $206.63. The company has a market cap of $35.97 billion, a PE ratio of 22.47 and a beta of 0.95.

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.