34,649 Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE) Acquired by Lighthouse Financial LLC

Lighthouse Financial LLC bought a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 34,649 shares of the company’s stock, valued at approximately $6,614,000. iShares S&P 500 Value ETF comprises 5.4% of Lighthouse Financial LLC’s portfolio, making the stock its 6th largest position.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Pinney & Scofield Inc. bought a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth about $26,000. Kentucky Trust Co bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at about $29,000. Providence First Trust Co acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter worth approximately $31,000. Centricity Wealth Management LLC bought a new stake in iShares S&P 500 Value ETF in the fourth quarter worth approximately $34,000. Finally, Morse Asset Management Inc bought a new stake in iShares S&P 500 Value ETF in the fourth quarter worth approximately $41,000.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $189.65 on Wednesday. The stock has a market capitalization of $37.84 billion, a price-to-earnings ratio of 20.88 and a beta of 0.89. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $206.63. The stock’s 50 day moving average price is $183.95 and its two-hundred day moving average price is $191.71.

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.