Boston Partners Makes New $1.05 Million Investment in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Boston Partners purchased a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 5,514 shares of the company’s stock, valued at approximately $1,052,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. West Coast Financial LLC increased its holdings in iShares S&P 500 Value ETF by 0.3% during the fourth quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock valued at $3,137,000 after buying an additional 53 shares during the last quarter. SWP Financial LLC grew its position in shares of iShares S&P 500 Value ETF by 0.4% during the 4th quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock valued at $2,443,000 after acquiring an additional 54 shares during the period. Roble Belko & Company Inc increased its stake in shares of iShares S&P 500 Value ETF by 0.5% in the 4th quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock worth $2,145,000 after purchasing an additional 57 shares in the last quarter. Family Firm Inc. increased its stake in shares of iShares S&P 500 Value ETF by 0.5% in the 4th quarter. Family Firm Inc. now owns 10,464 shares of the company’s stock worth $1,998,000 after purchasing an additional 57 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in iShares S&P 500 Value ETF by 1.6% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,788 shares of the company’s stock worth $723,000 after purchasing an additional 59 shares during the period.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE opened at $189.82 on Friday. The stock has a 50-day simple moving average of $194.23 and a two-hundred day simple moving average of $196.03. The firm has a market capitalization of $36.87 billion, a PE ratio of 22.06 and a beta of 0.94. iShares S&P 500 Value ETF has a 52-week low of $176.09 and a 52-week high of $206.63.

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.