Bank of New York Mellon Corp Has $140.64 Million Stock Holdings in iShares S&P 500 Value ETF $IVE

Bank of New York Mellon Corp grew its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 18.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 719,697 shares of the company’s stock after acquiring an additional 112,150 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares S&P 500 Value ETF were worth $140,643,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Tsfg LLC raised its holdings in shares of iShares S&P 500 Value ETF by 0.9% in the second quarter. Tsfg LLC now owns 12,587 shares of the company’s stock valued at $2,460,000 after purchasing an additional 108 shares during the last quarter. Hutchens & Kramer Investment Management Group LLC increased its stake in iShares S&P 500 Value ETF by 6.8% in the 2nd quarter. Hutchens & Kramer Investment Management Group LLC now owns 7,460 shares of the company’s stock valued at $1,472,000 after buying an additional 477 shares during the last quarter. Telos Capital Management Inc. lifted its position in iShares S&P 500 Value ETF by 8.9% during the 2nd quarter. Telos Capital Management Inc. now owns 18,491 shares of the company’s stock worth $3,613,000 after buying an additional 1,504 shares in the last quarter. Mission Wealth Management LP lifted its position in iShares S&P 500 Value ETF by 0.6% during the 2nd quarter. Mission Wealth Management LP now owns 10,479 shares of the company’s stock worth $2,048,000 after buying an additional 63 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its stake in shares of iShares S&P 500 Value ETF by 9.8% during the 2nd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 102,140 shares of the company’s stock worth $19,960,000 after buying an additional 9,102 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $206.99 on Friday. The business has a 50-day moving average of $205.99 and a 200-day moving average of $197.66. The stock has a market capitalization of $42.22 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $211.83.

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.