iShares S&P 500 Value ETF $IVE Position Increased by CoreCap Advisors LLC

CoreCap Advisors LLC grew its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.7% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 107,532 shares of the company’s stock after purchasing an additional 2,825 shares during the period. iShares S&P 500 Value ETF makes up about 0.7% of CoreCap Advisors LLC’s holdings, making the stock its 18th largest holding. CoreCap Advisors LLC owned about 0.05% of iShares S&P 500 Value ETF worth $24,548,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. RMG Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the 1st quarter valued at $27,000. Sankala Group LLC acquired a new position in iShares S&P 500 Value ETF in the 4th quarter valued at about $35,000. Indiana Trust & Investment Management Co grew its position in iShares S&P 500 Value ETF by 107.6% in the 1st quarter. Indiana Trust & Investment Management Co now owns 191 shares of the company’s stock valued at $40,000 after acquiring an additional 99 shares in the last quarter. First Bancorp Inc ME acquired a new position in iShares S&P 500 Value ETF in the 2nd quarter valued at about $45,000. Finally, Abound Financial LLC purchased a new stake in iShares S&P 500 Value ETF during the fourth quarter worth about $43,000.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE traded up $1.40 during mid-day trading on Thursday, hitting $232.18. 712,283 shares of the company’s stock were exchanged, compared to its average volume of 945,087. The company has a market cap of $49.15 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a fifty-two week low of $202.45 and a fifty-two week high of $239.93. The stock’s 50-day moving average is $234.41 and its 200-day moving average is $227.54.

iShares S&P 500 Value ETF Company 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.