iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Bought by Norden Group LLC

Norden Group LLC lifted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 979.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,521 shares of the company’s stock after acquiring an additional 34,953 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 0.8% of Norden Group LLC’s portfolio, making the stock its 20th largest holding. Norden Group LLC’s holdings in iShares S&P 500 Value ETF were worth $7,353,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in IVE. Thurston Springer Miller Herd & Titak Inc. increased its stake 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 worth $29,000 after acquiring an additional 76 shares during the period. Kentucky Trust Co acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $29,000. Providence First Trust Co acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $31,000. Centricity Wealth Management LLC acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $34,000. Finally, Perkins Coie Trust Co acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $35,000.

iShares S&P 500 Value ETF Stock Up 1.3 %

Shares of iShares S&P 500 Value ETF stock opened at $197.20 on Friday. iShares S&P 500 Value ETF has a 52-week low of $176.09 and a 52-week high of $206.63. The company’s 50-day simple moving average is $194.49 and its 200-day simple moving average is $196.23. The firm has a market cap of $35.97 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95.

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.