Verus Capital Partners LLC Raises Holdings in iShares S&P 500 Value ETF $IVE

Verus Capital Partners LLC raised its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 21.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,813 shares of the company’s stock after purchasing an additional 3,502 shares during the quarter. Verus Capital Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $3,872,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of IVE. Brighton Jones LLC raised its stake in shares of iShares S&P 500 Value ETF by 0.8% in the 4th quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock valued at $2,679,000 after acquiring an additional 112 shares during the period. Cerity Partners LLC increased its holdings in iShares S&P 500 Value ETF by 4.1% in the 1st quarter. Cerity Partners LLC now owns 80,578 shares of the company’s stock valued at $15,357,000 after purchasing an additional 3,187 shares during the last quarter. Stephens Inc. AR increased its holdings in iShares S&P 500 Value ETF by 1.1% in the 1st quarter. Stephens Inc. AR now owns 9,820 shares of the company’s stock valued at $1,871,000 after purchasing an additional 110 shares during the last quarter. Asset Dedication LLC raised its position in iShares S&P 500 Value ETF by 2.5% in the first quarter. Asset Dedication LLC now owns 5,282 shares of the company’s stock valued at $1,007,000 after purchasing an additional 130 shares during the period. Finally, Florida Financial Advisors LLC lifted its stake in iShares S&P 500 Value ETF by 46.2% during the first quarter. Florida Financial Advisors LLC now owns 4,786 shares of the company’s stock worth $912,000 after purchasing an additional 1,512 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.7%

Shares of NYSEARCA IVE opened at $209.37 on Tuesday. The stock has a market capitalization of $42.70 billion, a PE ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $211.83. The stock has a fifty day simple moving average of $206.18 and a 200-day simple moving average of $198.36.

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.