Ashton Thomas Private Wealth LLC Has $6.59 Million Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Ashton Thomas Private Wealth LLC grew its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 48.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 34,537 shares of the company’s stock after purchasing an additional 11,219 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $6,592,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after buying an additional 76 shares during the period. Kentucky Trust Co bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $29,000. Providence First Trust Co bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $31,000. Centricity Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $34,000. Finally, Perkins Coie Trust Co bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $35,000.

iShares S&P 500 Value ETF Trading Down 0.6 %

Shares of IVE stock opened at $192.60 on Friday. The stock has a market cap of $35.13 billion, a P/E ratio of 22.47 and a beta of 0.95. The stock has a 50 day simple moving average of $194.50 and a 200 day simple moving average of $196.30. iShares S&P 500 Value ETF has a 1 year low of $176.09 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.