iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Purchased by Moors & Cabot Inc.

Moors & Cabot Inc. raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,329 shares of the company’s stock after acquiring an additional 295 shares during the quarter. Moors & Cabot Inc.’s holdings in iShares S&P 500 Value ETF were worth $635,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in IVE. Thurston Springer Miller Herd & Titak Inc. raised 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. Kentucky Trust Co bought a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at $29,000. Providence First Trust Co bought a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at $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 position in shares of iShares S&P 500 Value ETF in the 4th quarter worth about $35,000.

iShares S&P 500 Value ETF Stock Up 1.6 %

Shares of NYSEARCA:IVE opened at $188.81 on Friday. The company has a market cap of $36.68 billion, a PE ratio of 22.06 and a beta of 0.94. iShares S&P 500 Value ETF has a fifty-two week low of $176.09 and a fifty-two week high of $206.63. The firm has a 50-day simple moving average of $194.27 and a 200 day simple moving average of $196.19.

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.