Milestone Asset Management LLC Invests $842,000 in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Milestone Asset Management LLC purchased a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,411 shares of the company’s stock, valued at approximately $842,000.

A number of other large investors have also bought and sold shares of IVE. Truist Financial Corp lifted its stake in shares of iShares S&P 500 Value ETF by 5.4% in the second quarter. Truist Financial Corp now owns 429,478 shares of the company’s stock valued at $78,169,000 after buying an additional 22,167 shares in the last quarter. New Century Financial Group LLC bought a new position in shares of iShares S&P 500 Value ETF in the second quarter valued at $397,000. Strategic Investment Solutions Inc. IL bought a new position in shares of iShares S&P 500 Value ETF during the second quarter valued at about $91,000. Sanctuary Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF during the second quarter valued at about $82,555,000. Finally, Alternative Investment Advisors LLC. bought a new position in shares of iShares S&P 500 Value ETF during the second quarter valued at about $10,102,000.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $197.15 on Thursday. The firm has a market cap of $35.32 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52 week low of $173.01 and a 52 week high of $206.63. The firm’s 50-day simple moving average is $196.30 and its two-hundred day simple moving average is $194.80.

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.