Canandaigua National Bank & Trust Co. Makes New Investment in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Canandaigua National Bank & Trust Co. acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,407 shares of the company’s stock, valued at approximately $475,000.

Several other large investors have also recently added to or reduced their stakes in IVE. Wescott Financial Advisory Group LLC grew its stake in iShares S&P 500 Value ETF by 5.1% during the fourth quarter. Wescott Financial Advisory Group LLC now owns 24,843 shares of the company’s stock worth $4,320,000 after buying an additional 1,206 shares during the last quarter. Vantage Financial Partners Ltd. Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $226,000. Security National Bank bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $113,000. Personal CFO Solutions LLC grew its stake in shares of iShares S&P 500 Value ETF by 5.2% during the fourth quarter. Personal CFO Solutions LLC now owns 3,907 shares of the company’s stock valued at $679,000 after purchasing an additional 194 shares during the last quarter. Finally, Connectus Wealth LLC grew its stake in shares of iShares S&P 500 Value ETF by 198.9% during the fourth quarter. Connectus Wealth LLC now owns 8,889 shares of the company’s stock valued at $1,546,000 after purchasing an additional 5,915 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.7 %

Shares of IVE traded up $1.29 during mid-day trading on Friday, hitting $196.65. 329,205 shares of the company traded hands, compared to its average volume of 701,597. iShares S&P 500 Value ETF has a one year low of $147.23 and a one year high of $197.63. The business has a 50-day moving average of $192.30 and a 200 day moving average of $186.26. The stock has a market capitalization of $35.23 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.