Lane & Associates LLC Purchases 1,237 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Lane & Associates LLC raised its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,116 shares of the company’s stock after acquiring an additional 1,237 shares during the quarter. iShares S&P 500 Value ETF makes up 1.4% of Lane & Associates LLC’s portfolio, making the stock its 16th biggest holding. Lane & Associates LLC’s holdings in iShares S&P 500 Value ETF were worth $2,769,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Compass Capital Corp MA ADV bought a new position in iShares S&P 500 Value ETF in the fourth quarter valued at about $6,209,000. Timonier Family Office LTD. bought a new position in iShares S&P 500 Value ETF in the fourth quarter valued at about $300,000. Centricity Wealth Management LLC purchased a new stake in iShares S&P 500 Value ETF in the fourth quarter worth about $34,000. Legacy Capital Group California Inc. increased its position in iShares S&P 500 Value ETF by 4.4% in the fourth quarter. Legacy Capital Group California Inc. now owns 3,932 shares of the company’s stock worth $751,000 after buying an additional 167 shares in the last quarter. Finally, JMG Financial Group Ltd. increased its position in iShares S&P 500 Value ETF by 1.8% in the fourth quarter. JMG Financial Group Ltd. now owns 5,136 shares of the company’s stock worth $980,000 after buying an additional 91 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.1 %

Shares of IVE opened at $198.47 on Friday. The business has a 50-day simple moving average of $194.17 and a two-hundred day simple moving average of $195.67. The stock has a market cap of $36.20 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95. iShares S&P 500 Value ETF has a 52 week low of $176.09 and a 52 week high of $206.63.

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.