Christopher J. Hasenberg Inc Acquires New Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Christopher J. Hasenberg Inc bought a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 19,374 shares of the company’s stock, valued at approximately $3,369,000. iShares S&P 500 Value ETF makes up approximately 1.9% of Christopher J. Hasenberg Inc’s investment portfolio, making the stock its 13th largest holding.

Several other hedge funds have also recently modified their holdings of IVE. Bank OZK raised its stake in iShares S&P 500 Value ETF by 42.6% during the 4th quarter. Bank OZK now owns 2,310 shares of the company’s stock valued at $402,000 after buying an additional 690 shares during the last quarter. Sage Financial Group Inc. purchased a new position in iShares S&P 500 Value ETF in the fourth quarter worth about $217,000. Financial Enhancement Group LLC grew its stake in shares of iShares S&P 500 Value ETF by 35.5% during the 4th quarter. Financial Enhancement Group LLC now owns 50,751 shares of the company’s stock valued at $8,683,000 after purchasing an additional 13,298 shares during the period. Cullen Frost Bankers Inc. increased its position in shares of iShares S&P 500 Value ETF by 19.8% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 97,534 shares of the company’s stock valued at $15,005,000 after purchasing an additional 16,129 shares during the last quarter. Finally, Bfsg LLC bought a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $60,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE traded up $0.76 on Monday, reaching $180.91. The company’s stock had a trading volume of 556,322 shares, compared to its average volume of 956,113. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $187.24. The stock has a market capitalization of $32.41 billion, a P/E ratio of 23.38 and a beta of 0.84. The stock’s 50 day simple moving average is $181.46 and its two-hundred day simple moving average is $172.09.

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.