Foster Victor Wealth Advisors LLC boosted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 18.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 73,255 shares of the company’s stock after purchasing an additional 11,274 shares during the quarter. Foster Victor Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $17,227,000 as of its most recent SEC filing.
Several other hedge funds have also recently made changes to their positions in the business. Calamos Advisors LLC increased its position in iShares S&P 500 Value ETF by 2,585.9% during the first quarter. Calamos Advisors LLC now owns 619,118 shares of the company’s stock valued at $130,727,000 after acquiring an additional 596,067 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new stake in shares of iShares S&P 500 Value ETF in the first quarter worth approximately $92,702,000. Fifth Third Bancorp increased its stake in iShares S&P 500 Value ETF by 132.9% in the first quarter. Fifth Third Bancorp now owns 557,426 shares of the company’s stock worth $117,700,000 after purchasing an additional 318,135 shares during the period. Bank of America Corp DE boosted its stake in shares of iShares S&P 500 Value ETF by 2.0% during the first quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock valued at $1,997,009,000 after purchasing an additional 182,358 shares during the period. Finally, Gallagher Capital Advisors LLC grew its holdings in shares of iShares S&P 500 Value ETF by 3,223.2% in the first quarter. Gallagher Capital Advisors LLC now owns 158,615 shares of the company’s stock worth $33,492,000 after purchasing an additional 153,842 shares during the last quarter.
iShares S&P 500 Value ETF Stock Up 0.4%
Shares of NYSEARCA:IVE opened at $238.05 on Thursday. The business’s 50 day moving average is $234.43 and its 200 day moving average is $229.30. The stock has a market cap of $50.37 billion, a P/E ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 52-week low of $203.15 and a 52-week high of $239.93.
iShares S&P 500 Value ETF Company 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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.
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