FineMark National Bank & Trust Grows Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

FineMark National Bank & Trust lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 83,012 shares of the company’s stock after buying an additional 1,618 shares during the quarter. FineMark National Bank & Trust’s holdings in iShares S&P 500 Value ETF were worth $15,845,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IVE. West Coast Financial LLC increased its stake in shares of iShares S&P 500 Value ETF by 0.3% in the 4th quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock valued at $3,137,000 after purchasing an additional 53 shares in the last quarter. SWP Financial LLC lifted its stake in iShares S&P 500 Value ETF by 0.4% in the 4th quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock worth $2,443,000 after purchasing an additional 54 shares in the last quarter. Roble Belko & Company Inc boosted its stake in iShares S&P 500 Value ETF by 0.5% during the fourth 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 last quarter. Family Firm Inc. increased its position in iShares S&P 500 Value ETF by 0.5% during the fourth quarter. Family Firm Inc. now owns 10,464 shares of the company’s stock worth $1,998,000 after purchasing an additional 57 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in iShares S&P 500 Value ETF by 1.6% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,788 shares of the company’s stock worth $723,000 after purchasing an additional 59 shares during the period.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $191.82 on Tuesday. The firm has a 50 day simple moving average of $194.28 and a 200-day simple moving average of $196.03. The stock has a market cap of $37.35 billion, a price-to-earnings ratio of 21.80 and a beta of 0.94. iShares S&P 500 Value ETF has a 1-year low of $176.09 and a 1-year 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.