Americana Partners LLC Takes $288,000 Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Americana Partners LLC bought a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,511 shares of the company’s stock, valued at approximately $288,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Kentucky Trust Co bought a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at approximately $29,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after acquiring an additional 76 shares during the period. Northwest Investment Counselors LLC bought a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at approximately $31,000. Valued Wealth Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at approximately $35,000. Finally, Perkins Coie Trust Co bought a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at approximately $35,000.

iShares S&P 500 Value ETF Stock Up 0.6 %

iShares S&P 500 Value ETF stock opened at $197.74 on Wednesday. iShares S&P 500 Value ETF has a twelve month low of $176.09 and a twelve month high of $206.63. The firm has a 50 day moving average price of $194.23 and a 200-day moving average price of $195.55. The company has a market capitalization of $36.07 billion, a P/E ratio of 22.47 and a beta of 0.95.

About iShares S&P 500 Value ETF

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.