Park Avenue Securities LLC Grows Holdings in iShares S&P 500 Value ETF $IVE

Park Avenue Securities LLC grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 40.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,467,550 shares of the company’s stock after buying an additional 710,518 shares during the quarter. iShares S&P 500 Value ETF accounts for about 4.4% of Park Avenue Securities LLC’s holdings, making the stock its 2nd biggest position. Park Avenue Securities LLC’s holdings in iShares S&P 500 Value ETF were worth $523,293,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Foguth Wealth Management LLC. bought a new stake in iShares S&P 500 Value ETF during the 4th quarter worth approximately $422,000. Tudor Investment Corp ET AL bought a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $3,049,000. Cape Investment Advisory Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 14.3% in the third quarter. Cape Investment Advisory Inc. now owns 2,552 shares of the company’s stock valued at $527,000 after purchasing an additional 319 shares in the last quarter. Bush Investment Group LLC boosted its position in shares of iShares S&P 500 Value ETF by 5.8% during the third quarter. Bush Investment Group LLC now owns 14,469 shares of the company’s stock valued at $2,988,000 after buying an additional 792 shares during the last quarter. Finally, Garde Capital Inc. boosted its position in shares of iShares S&P 500 Value ETF by 0.5% during the third quarter. Garde Capital Inc. now owns 16,512 shares of the company’s stock valued at $3,410,000 after buying an additional 79 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.1%

Shares of iShares S&P 500 Value ETF stock opened at $209.72 on Friday. The company has a market capitalization of $47.38 billion, a P/E ratio of 20.70 and a beta of 0.89. The stock has a fifty day simple moving average of $217.92 and a 200 day simple moving average of $211.86. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $223.05.

About iShares S&P 500 Value ETF

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.