Country Club Bank Purchases 578 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Country Club Bank lifted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.4% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,132 shares of the company’s stock after buying an additional 578 shares during the quarter. Country Club Bank’s holdings in iShares S&P 500 Value ETF were worth $1,115,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of IVE. Palisade Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the first quarter valued at about $26,000. CarsonAllaria Wealth Management Ltd. lifted its holdings in iShares S&P 500 Value ETF by 289.5% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares in the last quarter. Vima LLC bought a new position in iShares S&P 500 Value ETF in the 4th quarter worth approximately $27,000. Northwest Investment Counselors LLC purchased a new stake in iShares S&P 500 Value ETF during the 1st quarter valued at approximately $29,000. Finally, Wetzel Investment Advisors Inc. purchased a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at approximately $35,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock traded up $2.09 during mid-day trading on Thursday, hitting $189.50. The company had a trading volume of 359,789 shares, compared to its average volume of 750,631. The stock’s 50 day moving average price is $184.59 and its 200-day moving average price is $182.21. iShares S&P 500 Value ETF has a 52-week low of $147.23 and a 52-week high of $191.93. The company has a market capitalization of $33.95 billion, a P/E ratio of 23.79 and a beta of 0.81.

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.