Veracity Capital LLC Increases Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Veracity Capital LLC raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.9% during the fourth quarter, HoldingsChannel reports. The firm owned 3,097 shares of the company’s stock after purchasing an additional 116 shares during the period. Veracity Capital LLC’s holdings in iShares S&P 500 Value ETF were worth $591,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IVE. NBC Securities Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 33.3% during the 3rd quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock valued at $423,000 after purchasing an additional 536 shares during the last quarter. Ausdal Financial Partners Inc. grew its stake in shares of iShares S&P 500 Value ETF by 81.0% during the third quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock valued at $9,110,000 after buying an additional 20,674 shares during the last quarter. Concourse Financial Group Securities Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 7.0% in the third quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock worth $10,501,000 after buying an additional 3,500 shares during the period. Cornell Pochily Investment Advisors Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 31.3% in the third quarter. Cornell Pochily Investment Advisors Inc. now owns 3,060 shares of the company’s stock worth $603,000 after buying an additional 730 shares during the period. Finally, High Falls Advisors Inc lifted its stake in shares of iShares S&P 500 Value ETF by 3.1% in the 2nd quarter. High Falls Advisors Inc now owns 74,353 shares of the company’s stock valued at $13,533,000 after acquiring an additional 2,223 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

IVE opened at $196.52 on Friday. The stock’s 50 day simple moving average is $196.53 and its 200 day simple moving average is $194.34. The firm has a market cap of $35.21 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 1 year low of $172.85 and a 1 year high of $206.63.

iShares S&P 500 Value ETF 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.