Accelerate Investment Advisors LLC Purchases 1,530 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Accelerate Investment Advisors LLC raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 31.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,326 shares of the company’s stock after acquiring an additional 1,530 shares during the period. iShares S&P 500 Value ETF makes up about 1.1% of Accelerate Investment Advisors LLC’s investment portfolio, making the stock its 19th largest position. Accelerate Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,208,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Northwest Investment Counselors LLC bought a new position in iShares S&P 500 Value ETF during the 3rd quarter worth about $31,000. Valued Wealth Advisors LLC acquired a new stake in iShares S&P 500 Value ETF in the 3rd quarter worth approximately $35,000. Copley Financial Group Inc. acquired a new stake in iShares S&P 500 Value ETF in the 3rd quarter worth approximately $36,000. Hobbs Group Advisors LLC acquired a new stake in iShares S&P 500 Value ETF in the 3rd quarter worth approximately $40,000. Finally, Colony Family Offices LLC boosted its stake in iShares S&P 500 Value ETF by 77.3% in the 3rd quarter. Colony Family Offices LLC now owns 273 shares of the company’s stock worth $54,000 after purchasing an additional 119 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

IVE stock traded up $0.98 during trading on Monday, reaching $189.15. The company had a trading volume of 358,179 shares, compared to its average volume of 970,798. The firm has a 50-day simple moving average of $197.63 and a 200-day simple moving average of $193.78. The company has a market cap of $33.89 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a twelve month low of $170.13 and a twelve month high of $206.63.

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.