National Asset Management Inc. boosted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 18.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,552 shares of the company’s stock after acquiring an additional 5,647 shares during the period. National Asset Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $4,094,000 at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in IVE. Savior LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at $25,000. First Financial Corp IN increased its holdings in iShares S&P 500 Value ETF by 589.8% in the third quarter. First Financial Corp IN now owns 338 shares of the company’s stock valued at $38,000 after purchasing an additional 289 shares during the last quarter. NewSquare Capital LLC bought a new stake in iShares S&P 500 Value ETF in the third quarter valued at about $39,000. Beese Fulmer Investment Management Inc. acquired a new position in iShares S&P 500 Value ETF in the second quarter valued at about $40,000. Finally, RMR Wealth Builders bought a new position in iShares S&P 500 Value ETF during the second quarter worth about $41,000.
Shares of NYSEARCA:IVE traded down $1.28 during mid-day trading on Tuesday, reaching $123.75. The stock had a trading volume of 12,737 shares, compared to its average volume of 1,350,077. The firm has a 50 day simple moving average of $115.61 and a two-hundred day simple moving average of $112.19. iShares S&P 500 Value ETF has a twelve month low of $81.70 and a twelve month high of $132.10.
iShares S&P 500 Value ETF Company 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.
Further Reading: Calculating net profit and net profit margin ratio
Receive News & Ratings for iShares S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.