Trust Point Inc. Boosts Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Trust Point Inc. lifted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 71,600 shares of the company’s stock after purchasing an additional 80 shares during the quarter. iShares S&P 500 Value ETF comprises about 1.1% of Trust Point Inc.’s investment portfolio, making the stock its 13th biggest position. Trust Point Inc.’s holdings in iShares S&P 500 Value ETF were worth $14,117,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BKM Wealth Management LLC raised its holdings in shares of iShares S&P 500 Value ETF by 2.9% in the 1st quarter. BKM Wealth Management LLC now owns 63,882 shares of the company’s stock worth $11,934,000 after purchasing an additional 1,802 shares during the period. Sutton Place Investors LLC increased its position in iShares S&P 500 Value ETF by 9.3% in the second quarter. Sutton Place Investors LLC now owns 5,704 shares of the company’s stock worth $1,038,000 after buying an additional 483 shares during the period. FinTrust Capital Advisors LLC grew its position in iShares S&P 500 Value ETF by 2,406.7% in the 1st quarter. FinTrust Capital Advisors LLC now owns 1,504 shares of the company’s stock worth $281,000 after purchasing an additional 1,444 shares during the last quarter. Financial Partners Group Inc boosted its position in iShares S&P 500 Value ETF by 2.7% during the 2nd quarter. Financial Partners Group Inc now owns 2,784 shares of the company’s stock worth $507,000 after acquiring an additional 74 shares during the period. Finally, NBC Securities Inc. increased its stake in iShares S&P 500 Value ETF by 33.3% during the 3rd quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock valued at $423,000 after buying an additional 536 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.1 %

NYSEARCA:IVE traded down $0.13 during mid-day trading on Friday, reaching $200.28. 64,450 shares of the stock were exchanged, compared to its average volume of 686,184. The business has a fifty day moving average price of $194.33 and a 200 day moving average price of $187.10. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $201.08. The firm has a market capitalization of $35.88 billion, a PE ratio of 23.79 and a beta of 0.81.

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.