Riggs Capital Management LLC Buys Shares of 1,891 iShares S&P 500 Value ETF (NYSEARCA:IVE)

Riggs Capital Management LLC bought a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,891 shares of the company’s stock, valued at approximately $361,000.

Other hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. lifted its stake in iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after purchasing an additional 76 shares during the last quarter. Kentucky Trust Co acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth $29,000. Providence First Trust Co bought a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at $31,000. Centricity Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $34,000. Finally, Perkins Coie Trust Co bought a new stake in iShares S&P 500 Value ETF during the 4th quarter worth $35,000.

iShares S&P 500 Value ETF Stock Down 1.5 %

Shares of IVE opened at $188.79 on Monday. The business has a 50-day simple moving average of $194.16 and a two-hundred day simple moving average of $195.99. iShares S&P 500 Value ETF has a 12-month low of $176.09 and a 12-month high of $206.63. The stock has a market cap of $36.76 billion, a PE ratio of 21.80 and a beta of 0.94.

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.