Copley Financial Group Inc. Takes Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Copley Financial Group Inc. purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 185 shares of the company’s stock, valued at approximately $36,000.

A number of other hedge funds also recently made changes to their positions in the business. Northwest Investment Counselors LLC acquired a new stake in iShares S&P 500 Value ETF during the 3rd quarter valued at $31,000. Valued Wealth Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at $35,000. Hobbs Group Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at about $40,000. Colony Family Offices LLC grew its holdings in iShares S&P 500 Value ETF by 77.3% during the 3rd quarter. Colony Family Offices LLC now owns 273 shares of the company’s stock worth $54,000 after acquiring an additional 119 shares during the last quarter. Finally, Addison Advisors LLC increased its position in iShares S&P 500 Value ETF by 50.0% in the 2nd quarter. Addison Advisors LLC now owns 279 shares of the company’s stock valued at $51,000 after acquiring an additional 93 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock traded down $0.84 during trading hours on Friday, reaching $197.71. 81,333 shares of the company were exchanged, compared to its average volume of 655,217. The company has a market cap of $35.42 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The stock’s fifty day moving average is $199.85 and its two-hundred day moving average is $192.17. iShares S&P 500 Value ETF has a fifty-two week low of $170.13 and a fifty-two week high of $206.63.

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.