Ascension Capital Advisors Inc. lifted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 4,185.1% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 44,265 shares of the company’s stock after buying an additional 43,232 shares during the period. iShares S&P 500 Value ETF makes up approximately 3.7% of Ascension Capital Advisors Inc.’s portfolio, making the stock its 10th biggest holding. Ascension Capital Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $8,449,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of IVE. Thurston Springer Miller Herd & Titak Inc. boosted its position in iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after purchasing an additional 76 shares during the last quarter. Kentucky Trust Co bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth $29,000. Centricity Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth $34,000. Valued Wealth Advisors LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter worth about $35,000. Finally, Perkins Coie Trust Co bought a new position in iShares S&P 500 Value ETF during the fourth quarter valued at about $35,000.
iShares S&P 500 Value ETF Stock Performance
Shares of IVE stock opened at $196.89 on Wednesday. The firm has a market cap of $35.91 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. The firm’s 50-day simple moving average is $194.17 and its two-hundred day simple moving average is $196.10.
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.
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