Summit Financial LLC Raises Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Summit Financial LLC lifted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,708 shares of the company’s stock after purchasing an additional 404 shares during the period. Summit Financial LLC’s holdings in iShares S&P 500 Value ETF were worth $1,280,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. West Coast Financial LLC lifted its holdings 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 buying an additional 53 shares during the period. SWP Financial LLC raised its holdings in shares of iShares S&P 500 Value ETF by 0.4% in the fourth quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock valued at $2,443,000 after acquiring an additional 54 shares in the last quarter. Roble Belko & Company Inc lifted its stake in iShares S&P 500 Value ETF by 0.5% in the fourth quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock worth $2,145,000 after acquiring an additional 57 shares during the period. Family Firm Inc. grew its holdings in iShares S&P 500 Value ETF by 0.5% during the 4th quarter. Family Firm Inc. now owns 10,464 shares of the company’s stock worth $1,998,000 after acquiring an additional 57 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in iShares S&P 500 Value ETF by 1.6% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,788 shares of the company’s stock valued at $723,000 after purchasing an additional 59 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE opened at $190.33 on Wednesday. The company has a 50 day moving average price of $193.98 and a 200-day moving average price of $195.95. iShares S&P 500 Value ETF has a fifty-two week low of $176.09 and a fifty-two week high of $206.63. The stock has a market capitalization of $37.06 billion, a PE ratio of 21.80 and a beta of 0.94.

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.