United Community Bank Purchases 195 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

United Community Bank boosted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 14.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,580 shares of the company’s stock after acquiring an additional 195 shares during the period. United Community Bank’s holdings in iShares S&P 500 Value ETF were worth $302,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of the stock. Chesapeake Wealth Management lifted its holdings in shares of iShares S&P 500 Value ETF by 3.8% during the 3rd quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock worth $272,000 after acquiring an additional 50 shares during the period. West Coast Financial LLC boosted its holdings in iShares S&P 500 Value ETF by 0.3% in the fourth quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock valued at $3,137,000 after acquiring an additional 53 shares during the last quarter. SWP Financial LLC raised its stake in iShares S&P 500 Value ETF by 0.4% during the fourth quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock worth $2,443,000 after buying an additional 54 shares during the last quarter. GDS Wealth Management lifted its stake in shares of iShares S&P 500 Value ETF by 3.3% in the 3rd quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock valued at $348,000 after purchasing an additional 56 shares during the period. Finally, Roble Belko & Company Inc grew its position in shares of iShares S&P 500 Value ETF by 0.5% during the 4th quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock worth $2,145,000 after buying an additional 57 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.8 %

Shares of NYSEARCA IVE opened at $194.14 on Friday. The firm’s 50-day moving average price is $194.52 and its 200-day moving average price is $196.36. iShares S&P 500 Value ETF has a 1-year low of $176.09 and a 1-year high of $206.63. The firm has a market capitalization of $37.71 billion, a P/E ratio of 22.06 and a beta of 0.94.

iShares S&P 500 Value ETF Company 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.