Yousif Capital Management LLC Purchases 2,565 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Yousif Capital Management LLC lifted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 90.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,403 shares of the company’s stock after purchasing an additional 2,565 shares during the period. Yousif Capital Management LLC’s holdings in iShares S&P 500 Value ETF were worth $940,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of IVE. Allspring Global Investments Holdings LLC raised its position in shares of iShares S&P 500 Value ETF by 700.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 160 shares of the company’s stock valued at $25,000 after purchasing an additional 140 shares during the period. Peoples Bank KS bought a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at about $25,000. First Pacific Financial acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter worth approximately $30,000. Wetzel Investment Advisors Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth approximately $35,000. Finally, Sound Income Strategies LLC bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth approximately $35,000.

iShares S&P 500 Value ETF Trading Up 0.5 %

Shares of NYSEARCA IVE opened at $180.32 on Friday. The firm has a market cap of $32.30 billion, a P/E ratio of 23.38 and a beta of 0.84. The business’s 50 day moving average is $181.52 and its 200-day moving average is $172.54. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $187.24.

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.