Connecticut Wealth Management LLC Acquires 722 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Connecticut Wealth Management LLC grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,910 shares of the company’s stock after acquiring an additional 722 shares during the period. Connecticut Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $1,549,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank OZK increased its position in iShares S&P 500 Value ETF by 42.6% in the fourth quarter. Bank OZK now owns 2,310 shares of the company’s stock worth $402,000 after buying an additional 690 shares in the last quarter. Sage Financial Group Inc. purchased a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $217,000. Financial Enhancement Group LLC grew its position in shares of iShares S&P 500 Value ETF by 35.5% during the fourth quarter. Financial Enhancement Group LLC now owns 50,751 shares of the company’s stock worth $8,683,000 after purchasing an additional 13,298 shares in the last quarter. Bfsg LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $60,000. Finally, Cullen Frost Bankers Inc. grew its position in shares of iShares S&P 500 Value ETF by 19.8% during the third quarter. Cullen Frost Bankers Inc. now owns 97,534 shares of the company’s stock worth $15,005,000 after purchasing an additional 16,129 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE traded up $0.96 during trading on Friday, hitting $180.32. 762,738 shares of the company’s stock were exchanged, compared to its average volume of 949,120. iShares S&P 500 Value ETF has a 52-week low of $147.23 and a 52-week high of $187.24. The business’s 50-day simple moving average is $181.52 and its 200 day simple moving average is $172.79. The company has a market cap of $32.30 billion, a price-to-earnings ratio of 23.38 and a beta of 0.84.

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.