Cape ANN Savings Bank Invests $242,000 in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Cape ANN Savings Bank purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the third quarter, according to its most recent filing with the SEC. The fund purchased 1,226 shares of the company’s stock, valued at approximately $242,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Palisade Asset Management LLC acquired a new position in iShares S&P 500 Value ETF in the first quarter worth $26,000. Vima LLC bought a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth about $27,000. CarsonAllaria Wealth Management Ltd. boosted its holdings in shares of iShares S&P 500 Value ETF by 289.5% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock valued at $28,000 after buying an additional 110 shares during the period. Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter valued at about $29,000. Finally, Fortis Group Advisors LLC grew its position in shares of iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock valued at $35,000 after buying an additional 100 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.2 %

Shares of NYSEARCA IVE opened at $195.54 on Wednesday. The firm’s 50-day moving average price is $192.41 and its two-hundred day moving average price is $186.37. iShares S&P 500 Value ETF has a 52-week low of $147.23 and a 52-week high of $197.63. The stock has a market capitalization of $35.03 billion, a P/E ratio of 23.79 and a beta of 0.81.

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.