Essex Financial Services Inc. Purchases 949 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Essex Financial Services Inc. increased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 11.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,980 shares of the company’s stock after acquiring an additional 949 shares during the period. Essex Financial Services Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,714,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Chesapeake Wealth Management boosted its position in iShares S&P 500 Value ETF by 3.8% in the third quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock worth $272,000 after purchasing an additional 50 shares during the last quarter. West Coast Financial LLC lifted its stake in shares of iShares S&P 500 Value ETF by 0.3% in the 4th quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock worth $3,137,000 after purchasing an additional 53 shares during the period. SWP Financial LLC lifted its stake in shares of iShares S&P 500 Value ETF by 0.4% in the 4th quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock worth $2,443,000 after purchasing an additional 54 shares during the period. GDS Wealth Management boosted its holdings in shares of iShares S&P 500 Value ETF by 3.3% in the third quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock worth $348,000 after buying an additional 56 shares during the last quarter. Finally, Roble Belko & Company Inc grew its position in iShares S&P 500 Value ETF by 0.5% during the fourth quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock valued at $2,145,000 after buying an additional 57 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $196.23 on Wednesday. The company has a market cap of $35.15 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 $173.01 and a 1 year high of $206.63. The firm has a fifty day moving average price of $194.82 and a 200-day moving average price of $195.32.

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.