iShares S&P 500 Value ETF (NYSEARCA:IVE) is Eq LLC’s 10th Largest Position

Eq LLC boosted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 33,144 shares of the company’s stock after purchasing an additional 1,273 shares during the period. iShares S&P 500 Value ETF comprises about 3.6% of Eq LLC’s investment portfolio, making the stock its 10th biggest position. Eq LLC’s holdings in iShares S&P 500 Value ETF were worth $6,033,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of IVE. Palisade Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 1st quarter valued at about $26,000. Vima LLC purchased a new position in iShares S&P 500 Value ETF during the fourth quarter valued at approximately $27,000. CarsonAllaria Wealth Management Ltd. lifted its holdings in iShares S&P 500 Value ETF by 289.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock valued at $28,000 after purchasing an additional 110 shares in the last quarter. Northwest Investment Counselors LLC bought a new position in shares of iShares S&P 500 Value ETF in the first quarter worth approximately $29,000. Finally, Fortis Group Advisors LLC increased its stake in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock worth $35,000 after purchasing an additional 100 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock traded up $1.72 on Friday, hitting $193.29. 240,673 shares of the stock traded hands, compared to its average volume of 734,173. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $193.52. The firm has a 50 day simple moving average of $185.86 and a two-hundred day simple moving average of $182.99. The firm has a market cap of $34.63 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

iShares S&P 500 Value ETF 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.