Diversified Trust Co Makes New $366,000 Investment in iShares S&P 500 Value ETF (NYSEARCA:IVE)

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Diversified Trust Co bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVEGet Rating) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 2,351 shares of the company’s stock, valued at approximately $366,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. First Farmers & Merchants Bank Trust grew its holdings in shares of iShares S&P 500 Value ETF by 11.5% during the 1st quarter. First Farmers & Merchants Bank Trust now owns 14,458 shares of the company’s stock worth $2,252,000 after purchasing an additional 1,491 shares in the last quarter. Birinyi Associates Inc. acquired a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth $545,000. Okabena Investment Services Inc. acquired a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth $376,000. American Trust acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at about $219,000. Finally, Security Financial Services INC. acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at about $861,000.

NYSEARCA:IVE opened at $136.51 on Friday. The stock’s 50-day simple moving average is $146.75 and its 200 day simple moving average is $151.55. iShares S&P 500 Value ETF has a twelve month low of $132.18 and a twelve month high of $160.38.

iShares S&P 500 Value ETF Company Profile (Get Rating)

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.

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