Sutton Place Investors LLC Has $2.72 Million Position in iShares S&P 500 Value ETF $IVE

Sutton Place Investors LLC grew its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 28.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 12,810 shares of the company’s stock after purchasing an additional 2,858 shares during the quarter. iShares S&P 500 Value ETF comprises about 1.5% of Sutton Place Investors LLC’s investment portfolio, making the stock its 15th largest position. Sutton Place Investors LLC’s holdings in iShares S&P 500 Value ETF were worth $2,717,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. United Services Automobile Association bought a new stake in shares of iShares S&P 500 Value ETF during the second quarter worth $26,000. Palisade Asset Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth $29,000. Ransom Advisory Ltd bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth $31,000. Center for Financial Planning Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth $32,000. Finally, Tripletail Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth $37,000.

iShares S&P 500 Value ETF Stock Up 2.0%

IVE stock opened at $216.26 on Thursday. The company has a market cap of $47.72 billion, a P/E ratio of 20.70 and a beta of 0.87. iShares S&P 500 Value ETF has a twelve month low of $166.34 and a twelve month high of $223.05. The business has a fifty day moving average of $216.26 and a 200-day moving average of $212.65.

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. 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.