Graypoint LLC Purchases 11,760 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Graypoint LLC raised its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 13.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 98,170 shares of the company’s stock after acquiring an additional 11,760 shares during the quarter. iShares S&P 500 Value ETF makes up 1.1% of Graypoint LLC’s portfolio, making the stock its 19th biggest holding. Graypoint LLC owned 0.05% of iShares S&P 500 Value ETF worth $18,739,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Northwest Investment Counselors LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at $31,000. Valued Wealth Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF in the third quarter worth about $35,000. Copley Financial Group Inc. bought a new position in iShares S&P 500 Value ETF in the 3rd quarter worth approximately $36,000. Hobbs Group Advisors LLC purchased a new stake in iShares S&P 500 Value ETF during the 3rd quarter valued at approximately $40,000. Finally, Colony Family Offices LLC raised its position in shares of iShares S&P 500 Value ETF by 77.3% during the third quarter. Colony Family Offices LLC now owns 273 shares of the company’s stock valued at $54,000 after buying an additional 119 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 1.6 %

iShares S&P 500 Value ETF stock traded down $2.98 during midday trading on Friday, reaching $188.17. 737,902 shares of the stock traded hands, compared to its average volume of 1,077,466. The stock has a market cap of $33.71 billion, a P/E ratio of 23.79 and a beta of 0.81. The stock’s fifty day moving average is $197.76 and its 200-day moving average is $193.60. iShares S&P 500 Value ETF has a 12 month low of $170.13 and a 12 month high of $206.63.

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.