Yanni & Associates Investment Advisors LLC Makes New $5.34 Million Investment in iShares S&P 500 Value ETF $IVE

Yanni & Associates Investment Advisors LLC acquired a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 25,172 shares of the company’s stock, valued at approximately $5,338,000. iShares S&P 500 Value ETF makes up 5.3% of Yanni & Associates Investment Advisors LLC’s holdings, making the stock its 6th largest holding.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Decker Retirement Planning Inc. bought a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth $26,000. United Services Automobile Association acquired a new position in iShares S&P 500 Value ETF in the 2nd quarter worth about $26,000. Palisade Asset Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth about $29,000. Ransom Advisory Ltd bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth about $31,000. Finally, Birchbrook Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth about $31,000.

iShares S&P 500 Value ETF Stock Up 0.7%

Shares of NYSEARCA:IVE opened at $224.91 on Tuesday. The business has a 50 day moving average price of $216.80 and a 200 day moving average price of $215.34. iShares S&P 500 Value ETF has a twelve month low of $185.34 and a twelve month high of $225.90. The company has a market cap of $49.66 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.