Guidance Point Advisors LLC Buys 1,620 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Guidance Point Advisors LLC increased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 61,278 shares of the company’s stock after purchasing an additional 1,620 shares during the quarter. iShares S&P 500 Value ETF comprises about 3.3% of Guidance Point Advisors LLC’s holdings, making the stock its 7th largest position. Guidance Point Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $11,696,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of IVE. Arete Wealth Advisors LLC grew its position in iShares S&P 500 Value ETF by 50.5% in the fourth quarter. Arete Wealth Advisors LLC now owns 4,223 shares of the company’s stock valued at $806,000 after acquiring an additional 1,417 shares in the last quarter. DKM Wealth Management Inc. acquired a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at $205,000. Huntington National Bank increased its stake in iShares S&P 500 Value ETF by 4.6% during the 4th quarter. Huntington National Bank now owns 1,094,262 shares of the company’s stock worth $208,873,000 after buying an additional 48,336 shares during the period. May Hill Capital LLC purchased a new position in iShares S&P 500 Value ETF in the 4th quarter valued at about $453,000. Finally, Headlands Technologies LLC lifted its stake in shares of iShares S&P 500 Value ETF by 780.9% in the fourth quarter. Headlands Technologies LLC now owns 1,656 shares of the company’s stock worth $316,000 after acquiring an additional 1,468 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.5 %

Shares of NYSEARCA IVE opened at $191.29 on Thursday. The business has a 50 day moving average price of $193.90 and a two-hundred day moving average price of $195.92. 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 firm has a market cap of $37.24 billion, a PE ratio of 21.80 and a beta of 0.94.

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.