Cambridge Investment Research Advisors Inc. Has $41.16 Million Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Cambridge Investment Research Advisors Inc. grew its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 255,353 shares of the company’s stock after buying an additional 6,874 shares during the quarter. Cambridge Investment Research Advisors Inc. owned approximately 0.16% of iShares S&P 500 Value ETF worth $41,160,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fortis Capital Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth approximately $28,000. TimeScale Financial Inc. acquired a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth approximately $30,000. Oliver Lagore Vanvalin Investment Group raised its position in iShares S&P 500 Value ETF by 133.0% during the fourth quarter. Oliver Lagore Vanvalin Investment Group now owns 219 shares of the company’s stock valued at $32,000 after acquiring an additional 125 shares in the last quarter. HHM Wealth Advisors LLC raised its position in iShares S&P 500 Value ETF by 212.7% during the first quarter. HHM Wealth Advisors LLC now owns 247 shares of the company’s stock valued at $37,000 after acquiring an additional 168 shares in the last quarter. Finally, Tower Research Capital LLC TRC bought a new position in iShares S&P 500 Value ETF during the third quarter valued at approximately $37,000.

iShares S&P 500 Value ETF Price Performance

IVE traded down $0.86 during midday trading on Tuesday, hitting $160.20. 130,024 shares of the company’s stock traded hands, compared to its average volume of 684,362. The company has a market cap of $25.33 billion, a PE ratio of 15.85 and a beta of 0.94. The stock’s fifty day simple moving average is $162.74 and its 200-day simple moving average is $156.33. iShares S&P 500 Value ETF has a one year low of $127.33 and a one year high of $167.62.

About iShares S&P 500 Value ETF

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.