IVE Stock Summary and Trading Ideas (iShares S&P 500 Value ETF | ARCA:IVE)

The iShares S&P 500 Value Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of U.S. large-cap value stocks as represented by the S&P 500/Citigroup Value Index.

iShares S&P 500 Value ETF trades on the ARCA stock market under the symbol IVE.

As of May 10, 2024, IVE stock price climbed to $184.22 with 289,567 million shares trading.

IVE has a beta of 0.87, meaning it tends to be less sensitive to market movements. IVE has a correlation of 0.75 to the broad based SPY ETF.

IVE has a market cap of $33.00 billion. This is considered a Large Cap stock.

In the last 3 years, IVE stock traded as high as $187.24 and as low as $127.33.

IVE has underperformed the market in the last year with a price return of +23.4% while the SPY ETF gained +27.8%. However, in the short term, IVE had mixed performance relative to the market. It has outperformed in the last 3 months, returning +5.5% vs +4.2% return in SPY. But in the last 2 weeks, IVE shares have been beat by the market, returning +2.3% compared to an SPY return of +2.5%.

IVE support price is $182.39 and resistance is $185.09 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IVE stock will trade within this expected range on the day.