Blue Edge Capital LLC Takes $17.42 Million Position in iShares S&P 500 Value ETF $IVE

Blue Edge Capital LLC purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 76,736 shares of the company’s stock, valued at approximately $17,424,000. iShares S&P 500 Value ETF makes up 2.1% of Blue Edge Capital LLC’s investment portfolio, making the stock its 12th largest holding.

Several other institutional investors have also recently bought and sold shares of IVE. Rockwood Wealth Management LLC lifted its holdings in iShares S&P 500 Value ETF by 2.7% during the 1st quarter. Rockwood Wealth Management LLC now owns 1,785 shares of the company’s stock worth $377,000 after buying an additional 47 shares in the last quarter. Flagship Private Wealth LLC raised its position in shares of iShares S&P 500 Value ETF by 1.1% during the fourth quarter. Flagship Private Wealth LLC now owns 4,250 shares of the company’s stock worth $901,000 after acquiring an additional 48 shares during the last quarter. Patten & Patten Inc. TN raised its position in shares of iShares S&P 500 Value ETF by 4.8% during the fourth quarter. Patten & Patten Inc. TN now owns 1,048 shares of the company’s stock worth $222,000 after acquiring an additional 48 shares during the last quarter. Rossby Financial LCC lifted its stake in shares of iShares S&P 500 Value ETF by 6.6% during the fourth quarter. Rossby Financial LCC now owns 807 shares of the company’s stock valued at $171,000 after acquiring an additional 50 shares during the period. Finally, Smith Chas P & Associates PA Cpas lifted its stake in shares of iShares S&P 500 Value ETF by 3.2% during the fourth quarter. Smith Chas P & Associates PA Cpas now owns 1,697 shares of the company’s stock valued at $360,000 after acquiring an additional 52 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.3%

iShares S&P 500 Value ETF stock opened at $237.05 on Friday. The business’s 50-day simple moving average is $232.32 and its 200 day simple moving average is $224.48. The stock has a market cap of $50.10 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 12-month low of $201.22 and a 12-month high of $239.93.

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. 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.