Saxony Capital Management LLC Purchases Shares of 13,477 iShares S&P 500 Value ETF (NYSEARCA:IVE)

Saxony Capital Management LLC acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 13,477 shares of the company’s stock, valued at approximately $2,572,000. iShares S&P 500 Value ETF accounts for 2.3% of Saxony Capital Management LLC’s portfolio, making the stock its 11th biggest position.

A number of other large investors have also made changes to their positions in IVE. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after acquiring an additional 76 shares in the last quarter. Northwest Investment Counselors LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter worth approximately $31,000. Valued Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter worth approximately $35,000. Perkins Coie Trust Co acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $35,000. Finally, Copley Financial Group Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter worth approximately $36,000.

iShares S&P 500 Value ETF Trading Up 0.1 %

Shares of IVE opened at $197.41 on Friday. iShares S&P 500 Value ETF has a 1 year low of $173.01 and a 1 year high of $206.63. The stock has a 50 day simple moving average of $196.15 and a 200-day simple moving average of $194.83. The stock has a market cap of $35.37 billion, a PE ratio of 23.79 and a beta of 0.81.

iShares S&P 500 Value ETF Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report).

Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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.