iShares S&P 500 Value ETF $IVE Shares Bought by Principal Securities Inc.

Principal Securities Inc. lifted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 142,012 shares of the company’s stock after purchasing an additional 10,118 shares during the period. Principal Securities Inc.’s holdings in iShares S&P 500 Value ETF were worth $30,116,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in IVE. Simplex Trading LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $25,000. Hilton Head Capital Partners LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $25,000. Decker Retirement Planning Inc. acquired a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $26,000. United Services Automobile Association purchased a new stake in iShares S&P 500 Value ETF in the 2nd quarter valued at $26,000. Finally, Palisade Asset Management LLC purchased a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at $29,000.

iShares S&P 500 Value ETF Stock Up 1.1%

Shares of IVE stock opened at $227.15 on Friday. The stock has a market capitalization of $50.15 billion, a PE ratio of 20.70 and a beta of 0.82. The stock’s 50-day moving average price is $222.37 and its 200 day moving average price is $217.73. iShares S&P 500 Value ETF has a 52-week low of $189.66 and a 52-week high of $229.53.

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.