1,318 Shares in iShares S&P 500 Value ETF $IVE Bought by King Luther Capital Management Corp

King Luther Capital Management Corp purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 1,318 shares of the company’s stock, valued at approximately $258,000.

Other hedge funds also recently made changes to their positions in the company. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in iShares S&P 500 Value ETF during the 1st quarter valued at approximately $29,000. Harbor Asset Planning Inc. acquired a new position in iShares S&P 500 Value ETF in the second quarter valued at $30,000. Nemes Rush Group LLC boosted its position in iShares S&P 500 Value ETF by 625.0% during the first quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock valued at $33,000 after acquiring an additional 150 shares during the last quarter. Flaharty Asset Management LLC acquired a new stake in iShares S&P 500 Value ETF during the 1st quarter worth about $33,000. Finally, Ryan Investment Management Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at about $36,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $211.21 on Wednesday. The business has a 50 day simple moving average of $206.35 and a 200 day simple moving average of $198.57. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $211.83. The stock has a market capitalization of $43.08 billion, a P/E ratio of 20.70 and a beta of 0.89.

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.