WASHINGTON TRUST Co Has $121,000 Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

WASHINGTON TRUST Co boosted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 158.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 693 shares of the company’s stock after buying an additional 425 shares during the quarter. WASHINGTON TRUST Co’s holdings in iShares S&P 500 Value ETF were worth $121,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Cullen Frost Bankers Inc. boosted its holdings in iShares S&P 500 Value ETF by 19.8% in the third quarter. Cullen Frost Bankers Inc. now owns 97,534 shares of the company’s stock valued at $15,005,000 after acquiring an additional 16,129 shares during the last quarter. Sage Financial Group Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $217,000. SOA Wealth Advisors LLC. boosted its stake in shares of iShares S&P 500 Value ETF by 4.2% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 7,642 shares of the company’s stock valued at $1,176,000 after purchasing an additional 306 shares during the last quarter. Smith Anglin Financial LLC increased its position in shares of iShares S&P 500 Value ETF by 4.8% during the fourth quarter. Smith Anglin Financial LLC now owns 376,324 shares of the company’s stock worth $65,439,000 after buying an additional 17,236 shares during the period. Finally, Western Wealth Management LLC raised its stake in iShares S&P 500 Value ETF by 0.3% during the second quarter. Western Wealth Management LLC now owns 46,649 shares of the company’s stock worth $7,519,000 after buying an additional 139 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.4 %

IVE stock opened at $186.77 on Friday. The firm has a market cap of $29.53 billion, a PE ratio of 15.85 and a beta of 0.94. The stock has a 50-day moving average price of $178.49 and a 200-day moving average price of $167.96. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $187.24.

iShares S&P 500 Value ETF 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.