Transcend Capital Advisors LLC Has $2.27 Million Position in iShares S&P 500 Value ETF $IVE

Transcend Capital Advisors LLC boosted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 23.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,614 shares of the company’s stock after purchasing an additional 2,219 shares during the quarter. Transcend Capital Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $2,270,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in IVE. Flow Traders U.S. LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 1st quarter worth $7,724,000. Verdence Capital Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 1st quarter worth $206,000. Geneos Wealth Management Inc. raised its stake in iShares S&P 500 Value ETF by 5.8% during the first quarter. Geneos Wealth Management Inc. now owns 45,091 shares of the company’s stock worth $8,627,000 after acquiring an additional 2,477 shares in the last quarter. Telos Capital Management Inc. raised its stake in iShares S&P 500 Value ETF by 5.9% during the first quarter. Telos Capital Management Inc. now owns 16,987 shares of the company’s stock worth $3,237,000 after acquiring an additional 940 shares in the last quarter. Finally, LVZ Inc. raised its stake in iShares S&P 500 Value ETF by 2.0% during the second quarter. LVZ Inc. now owns 449,606 shares of the company’s stock worth $87,862,000 after acquiring an additional 8,641 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.7%

Shares of NYSEARCA IVE opened at $211.41 on Tuesday. The company has a market cap of $42.92 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $211.56. The stock has a 50-day moving average price of $205.04 and a two-hundred day moving average price of $196.08.

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.