FWG Investments LLC. lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 34.0% during the 3rd quarter, Holdings Channel reports. The fund owned 10,446 shares of the company’s stock after buying an additional 2,653 shares during the quarter. iShares S&P 500 Value ETF comprises 1.1% of FWG Investments LLC.’s portfolio, making the stock its 25th largest holding. FWG Investments LLC.’s holdings in iShares S&P 500 Value ETF were worth $2,385,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. Calamos Advisors LLC grew its holdings in shares of iShares S&P 500 Value ETF by 2,585.9% in the first quarter. Calamos Advisors LLC now owns 619,118 shares of the company’s stock valued at $130,727,000 after purchasing an additional 596,067 shares during the period. The Manufacturers Life Insurance Company purchased a new position in iShares S&P 500 Value ETF during the first quarter worth about $92,702,000. Fifth Third Bancorp raised its stake in iShares S&P 500 Value ETF by 132.9% during 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 raised its stake in 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 worth $1,997,009,000 after purchasing an additional 182,358 shares during the period. Finally, Kestra Advisory Services LLC boosted its holdings in iShares S&P 500 Value ETF by 43.7% in the 3rd quarter. Kestra Advisory Services LLC now owns 540,689 shares of the company’s stock valued at $123,428,000 after purchasing an additional 164,404 shares during the last quarter.
iShares S&P 500 Value ETF Price Performance
iShares S&P 500 Value ETF stock opened at $235.53 on Monday. The firm has a 50 day simple moving average of $234.86 and a 200-day simple moving average of $226.68. iShares S&P 500 Value ETF has a 1-year low of $203.15 and a 1-year high of $244.72. The stock has a market cap of $50.06 billion, a price-to-earnings ratio of 22.47 and a beta of 0.82.
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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