West Coast Financial LLC Increases Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

West Coast Financial LLC grew its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,432 shares of the company’s stock after purchasing an additional 53 shares during the period. West Coast Financial LLC’s holdings in iShares S&P 500 Value ETF were worth $3,137,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of IVE. Thurston Springer Miller Herd & Titak Inc. increased its holdings 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 worth $29,000 after buying an additional 76 shares in the last quarter. Northwest Investment Counselors LLC purchased a new position in iShares S&P 500 Value ETF in the third quarter worth about $31,000. Valued Wealth Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at about $35,000. Copley Financial Group Inc. purchased a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at about $36,000. Finally, Hobbs Group Advisors LLC purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter worth approximately $40,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $192.70 on Thursday. iShares S&P 500 Value ETF has a 1 year low of $170.13 and a 1 year high of $206.63. The firm has a fifty day moving average price of $197.41 and a 200-day moving average price of $193.90. The company has a market cap of $34.52 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.