Pacific Financial Group Inc. Has $6.74 Million Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Pacific Financial Group Inc. lessened its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,341 shares of the company’s stock after selling 265 shares during the period. iShares S&P 500 Value ETF accounts for 5.4% of Pacific Financial Group Inc.’s holdings, making the stock its 5th biggest holding. Pacific Financial Group Inc.’s holdings in iShares S&P 500 Value ETF were worth $6,735,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Pinney & Scofield Inc. bought a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at $26,000. Providence First Trust Co bought a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at $31,000. IMG Wealth Management Inc. bought a new stake in iShares S&P 500 Value ETF in the first quarter valued at $34,000. SJS Investment Consulting Inc. bought a new stake in iShares S&P 500 Value ETF in the first quarter valued at $37,000. Finally, Morse Asset Management Inc bought a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at $41,000.

iShares S&P 500 Value ETF Trading Up 0.7%

IVE opened at $191.67 on Tuesday. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $206.63. The company has a market cap of $38.43 billion, a P/E ratio of 20.88 and a beta of 0.89. The company has a fifty day moving average price of $186.83 and a two-hundred day moving average price of $190.02.

iShares S&P 500 Value ETF Company 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.