Redwood Investment Management LLC Buys 369 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Redwood Investment Management LLC increased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,587 shares of the company’s stock after purchasing an additional 369 shares during the period. Redwood Investment Management LLC’s holdings in iShares S&P 500 Value ETF were worth $1,448,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of iShares S&P 500 Value ETF by 100.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after buying an additional 76 shares during the last quarter. Kentucky Trust Co purchased a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at about $29,000. Providence First Trust Co purchased a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at about $31,000. Centricity Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth approximately $34,000. Finally, Perkins Coie Trust Co purchased a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $35,000.

iShares S&P 500 Value ETF Stock Up 0.9%

Shares of iShares S&P 500 Value ETF stock opened at $190.29 on Friday. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $206.63. The company’s 50 day moving average is $183.92 and its 200 day moving average is $192.20. The company has a market cap of $37.92 billion, a price-to-earnings ratio of 21.18 and a beta of 0.89.

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.