Description to the S&P 500 Value Index Fund, traded under ticker symbol IVE: This ETF is a fund that seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of United States large cap value stocks, as represented by the S&P 500/Citigroup Value Index. The underlying, market cap weighted index was introduced by Standard and Poor's in December 2005, and is made up of companies within the S&P 500 Index that show strong value characteristics.