Investment Partners LTD. raised its position in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 93.2% during the third quarter, Holdings Channel reports. The institutional investor owned 47,298 shares of the company’s stock after buying an additional 22,811 shares during the quarter. iShares S&P 500 Value ETF makes up about 1.7% of Investment Partners LTD.’s investment portfolio, making the stock its 16th biggest holding. Investment Partners LTD.’s holdings in iShares S&P 500 Value ETF were worth $10,797,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently made changes to their positions in IVE. Rockwood Wealth Management LLC raised its position in shares of iShares S&P 500 Value ETF by 2.7% during the first quarter. Rockwood Wealth Management LLC now owns 1,785 shares of the company’s stock worth $377,000 after acquiring an additional 47 shares during the last quarter. Client 1ST Advisory Group LLC boosted its holdings in iShares S&P 500 Value ETF by 1.5% in the third quarter. Client 1ST Advisory Group LLC now owns 3,407 shares of the company’s stock valued at $778,000 after acquiring an additional 50 shares during the last quarter. Wealthgarden F.S. LLC boosted its holdings in iShares S&P 500 Value ETF by 0.9% in the first quarter. Wealthgarden F.S. LLC now owns 5,988 shares of the company’s stock valued at $1,264,000 after acquiring an additional 53 shares during the last quarter. CWA Asset Management Group LLC increased its position in iShares S&P 500 Value ETF by 4.5% in the third quarter. CWA Asset Management Group LLC now owns 1,229 shares of the company’s stock worth $280,000 after purchasing an additional 53 shares during the period. Finally, Evergreen Private Wealth LLC increased its position in iShares S&P 500 Value ETF by 1.8% in the first quarter. Evergreen Private Wealth LLC now owns 3,224 shares of the company’s stock worth $681,000 after purchasing an additional 57 shares during the period.
iShares S&P 500 Value ETF Trading Down 0.8%
Shares of NYSEARCA:IVE opened at $239.53 on Friday. iShares S&P 500 Value ETF has a 1-year low of $203.15 and a 1-year high of $241.38. The stock has a market capitalization of $50.72 billion, a P/E ratio of 20.70 and a beta of 0.83. The business has a 50-day moving average price of $234.73 and a two-hundred day moving average price of $226.13.
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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Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report).
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