Mendel Money Management Has $408,000 Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Mendel Money Management lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 2,137 shares of the company’s stock after buying an additional 82 shares during the period. Mendel Money Management’s holdings in iShares S&P 500 Value ETF were worth $408,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of IVE. LexAurum Advisors LLC boosted its stake in iShares S&P 500 Value ETF by 47.2% in the fourth quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock valued at $734,000 after acquiring an additional 1,233 shares during the last quarter. Financial Synergies Wealth Advisors Inc. boosted its position in shares of iShares S&P 500 Value ETF by 0.6% in the 4th quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock worth $5,480,000 after purchasing an additional 160 shares during the last quarter. DAVENPORT & Co LLC grew its stake in shares of iShares S&P 500 Value ETF by 10.9% during the fourth quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock worth $722,000 after purchasing an additional 372 shares during the period. Equitable Trust Co. bought a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at about $5,806,000. Finally, Empowered Funds LLC acquired a new position in iShares S&P 500 Value ETF in the fourth quarter valued at about $133,000.

iShares S&P 500 Value ETF Trading Down 0.1 %

iShares S&P 500 Value ETF stock opened at $191.71 on Wednesday. The firm has a market capitalization of $37.33 billion, a P/E ratio of 21.80 and a beta of 0.94. The business has a 50-day moving average of $194.31 and a 200-day moving average of $196.04. iShares S&P 500 Value ETF has a 1 year low of $176.09 and a 1 year high of $206.63.

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.