Tranquility Partners LLC Increases Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Tranquility Partners LLC raised its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.7% during the 4th quarter, Holdings Channel reports. The firm owned 9,755 shares of the company’s stock after purchasing an additional 70 shares during the quarter. Tranquility Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $1,876,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of IVE. Alpha Financial Partners LLC purchased a new position in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $7,385,000. NBC Securities Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 33.3% during the third quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock valued at $423,000 after buying an additional 536 shares during the period. PFG Advisors lifted its stake in shares of iShares S&P 500 Value ETF by 3.8% during the third quarter. PFG Advisors now owns 11,195 shares of the company’s stock valued at $2,207,000 after buying an additional 408 shares during the period. Asset Dedication LLC lifted its stake in shares of iShares S&P 500 Value ETF by 33.2% during the third quarter. Asset Dedication LLC now owns 4,027 shares of the company’s stock valued at $794,000 after buying an additional 1,003 shares during the period. Finally, Prism Advisors Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 1,625.7% during the third quarter. Prism Advisors Inc. now owns 74,120 shares of the company’s stock valued at $14,614,000 after buying an additional 69,825 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE opened at $195.58 on Thursday. The company has a market capitalization of $35.04 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The company’s 50 day simple moving average is $194.67 and its 200 day simple moving average is $195.36. iShares S&P 500 Value ETF has a 1 year low of $173.01 and a 1 year 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.