PFG Investments LLC Purchases 219 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

PFG Investments LLC increased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.4% in the first quarter, Holdings Channel reports. The institutional investor owned 3,167 shares of the company’s stock after buying an additional 219 shares during the period. PFG Investments LLC’s holdings in iShares S&P 500 Value ETF were worth $592,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vima LLC bought a new position in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $27,000. Northwest Investment Counselors LLC acquired a new position in iShares S&P 500 Value ETF during the first quarter worth $29,000. Allspring Global Investments Holdings LLC increased its holdings in iShares S&P 500 Value ETF by 700.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 160 shares of the company’s stock worth $25,000 after buying an additional 140 shares during the last quarter. Peoples Bank KS bought a new stake in iShares S&P 500 Value ETF during the third quarter worth $25,000. Finally, First Pacific Financial acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at $30,000.

iShares S&P 500 Value ETF Trading Up 0.4 %

Shares of IVE traded up $0.76 during midday trading on Monday, reaching $180.91. The stock had a trading volume of 556,322 shares, compared to its average volume of 956,113. The firm has a market cap of $32.41 billion, a PE ratio of 23.38 and a beta of 0.84. The firm has a 50 day simple moving average of $181.46 and a 200-day simple moving average of $172.09. iShares S&P 500 Value ETF has a one year low of $147.23 and a one year high of $187.24.

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.