Coordinated Financial Services Inc. Makes New Investment in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Coordinated Financial Services Inc. purchased a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,133 shares of the company’s stock, valued at approximately $407,000.

Other institutional investors have also recently bought and sold shares of the company. 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 purchasing an additional 76 shares during the period. Kentucky Trust Co bought a new position in iShares S&P 500 Value ETF during the 4th quarter worth $29,000. Providence First Trust Co bought a new position in iShares S&P 500 Value ETF during the 4th quarter worth $31,000. Centricity Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth $34,000. Finally, Perkins Coie Trust Co bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at about $35,000.

iShares S&P 500 Value ETF Stock Performance

Shares of iShares S&P 500 Value ETF stock opened at $194.14 on Friday. The firm has a 50-day moving average of $194.52 and a 200-day moving average of $196.36. The stock has a market cap of $37.71 billion, a PE ratio of 22.06 and a beta of 0.94. iShares S&P 500 Value ETF has a 52-week low of $176.09 and a 52-week high of $206.63.

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.