iShares S&P 500 Value ETF (NYSEARCA:IVE – Get Free Report)’s share price hit a new 52-week high on Wednesday. The company traded as high as $242.25 and last traded at $241.9740, with a volume of 217,937 shares trading hands. The stock had previously closed at $238.33.
iShares S&P 500 Value ETF Trading Up 1.9%
The company has a market capitalization of $51.45 billion, a price-to-earnings ratio of 22.47 and a beta of 0.82. The company has a fifty day moving average of $234.80 and a 200-day moving average of $226.35.
Hedge Funds Weigh In On iShares S&P 500 Value ETF
Several hedge funds and other institutional investors have recently made changes to their positions in the company. RMG Wealth Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at approximately $27,000. Curry Webb Wealth Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $28,000. Next Level Wealth Planning LLC acquired a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $34,000. First Bancorp Inc ME purchased a new stake in shares of iShares S&P 500 Value ETF during the second quarter worth approximately $45,000. Finally, William Mack & Associates Inc. purchased a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth approximately $53,000.
iShares S&P 500 Value ETF Company 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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.
Read More
- Five stocks we like better than iShares S&P 500 Value ETF
- Bloom Energy: The Off-Grid Answer to AI’s Power Drain
- Space Race 2.0: Intuitive Machines Secures Another NASA Contract
- Zebra Technologies’ Sell-Off: 3 Factors Investors May Be Missing
- Advanced Micro Devices’ Q3 Results Answer a Big Question, But Another Remains
Receive News & Ratings for iShares S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
