Bare Financial Services Inc Invests $3 Million in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Bare Financial Services Inc bought a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 17,271 shares of the company’s stock, valued at approximately $3,003,000. iShares S&P 500 Value ETF accounts for 6.0% of Bare Financial Services Inc’s holdings, making the stock its 5th largest holding.

Several other institutional investors and hedge funds also recently modified their holdings of IVE. International Assets Investment Management LLC lifted its stake in shares of iShares S&P 500 Value ETF by 17,397.0% in the fourth quarter. International Assets Investment Management LLC now owns 1,119,109 shares of the company’s stock worth $194,602,000 after acquiring an additional 1,112,713 shares in the last quarter. Charles Schwab Investment Management Inc. acquired a new stake in iShares S&P 500 Value ETF during the third quarter valued at approximately $93,051,000. Calamos Wealth Management LLC raised its stake in iShares S&P 500 Value ETF by 778.4% during the fourth quarter. Calamos Wealth Management LLC now owns 472,801 shares of the company’s stock valued at $82,215,000 after buying an additional 418,976 shares in the last quarter. Comerica Bank acquired a new stake in iShares S&P 500 Value ETF during the third quarter valued at approximately $62,554,000. Finally, Corient Private Wealth LLC raised its stake in iShares S&P 500 Value ETF by 1,513.6% during the third quarter. Corient Private Wealth LLC now owns 379,169 shares of the company’s stock valued at $58,331,000 after buying an additional 355,670 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.6 %

NYSEARCA IVE traded up $1.00 on Thursday, hitting $179.36. 1,004,813 shares of the stock traded hands, compared to its average volume of 951,313. The stock has a 50-day moving average of $181.50 and a 200 day moving average of $172.31. iShares S&P 500 Value ETF has a twelve month low of $147.23 and a twelve month high of $187.24. The company has a market capitalization of $32.13 billion, a P/E ratio of 23.38 and a beta of 0.84.

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.