Arsenal Capital Advisors LLC Makes New Investment in iShares S&P 500 Value ETF $IVE

Arsenal Capital Advisors LLC acquired a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,646 shares of the company’s stock, valued at approximately $773,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of America Corp DE lifted its position in shares of iShares S&P 500 Value ETF by 0.9% during the 3rd quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock valued at $1,734,056,000 after buying an additional 72,040 shares during the last quarter. UBS Group AG lifted its position in shares of iShares S&P 500 Value ETF by 1.0% during the 3rd quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock valued at $744,423,000 after buying an additional 37,372 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of iShares S&P 500 Value ETF by 19.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock valued at $591,818,000 after buying an additional 484,782 shares during the last quarter. CWM LLC lifted its position in shares of iShares S&P 500 Value ETF by 37.5% during the 4th quarter. CWM LLC now owns 2,579,248 shares of the company’s stock valued at $546,981,000 after buying an additional 702,987 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its position in shares of iShares S&P 500 Value ETF by 47.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,540,243 shares of the company’s stock valued at $538,709,000 after buying an additional 816,767 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $226.54 on Friday. iShares S&P 500 Value ETF has a one year low of $189.66 and a one year high of $229.53. The business’s fifty day moving average price is $221.01 and its 200-day moving average price is $217.08. The stock has a market capitalization of $50.02 billion, a PE ratio of 20.70 and a beta of 0.82.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.