Balefire LLC Buys 11,629 Shares of iShares S&P 500 Value ETF $IVE

Balefire LLC increased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 72.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,711 shares of the company’s stock after purchasing an additional 11,629 shares during the period. iShares S&P 500 Value ETF accounts for about 1.0% of Balefire LLC’s portfolio, making the stock its 18th largest position. Balefire LLC’s holdings in iShares S&P 500 Value ETF were worth $6,326,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of IVE. David J Yvars Group increased its stake in iShares S&P 500 Value ETF by 15.5% during the 3rd quarter. David J Yvars Group now owns 1,342 shares of the company’s stock valued at $306,000 after purchasing an additional 180 shares in the last quarter. Wedmont Private Capital grew its holdings in shares of iShares S&P 500 Value ETF by 18.8% during the third quarter. Wedmont Private Capital now owns 6,359 shares of the company’s stock valued at $1,476,000 after buying an additional 1,007 shares during the last quarter. McNaughton Wealth Management LLC grew its holdings in shares of iShares S&P 500 Value ETF by 1.8% during the third quarter. McNaughton Wealth Management LLC now owns 60,879 shares of the company’s stock valued at $13,897,000 after buying an additional 1,087 shares during the last quarter. GAMMA Investing LLC increased its position in shares of iShares S&P 500 Value ETF by 20.2% in the 3rd quarter. GAMMA Investing LLC now owns 1,848 shares of the company’s stock valued at $422,000 after acquiring an additional 311 shares during the period. Finally, CoreCap Advisors LLC raised its stake in iShares S&P 500 Value ETF by 2.7% in the 3rd quarter. CoreCap Advisors LLC now owns 107,532 shares of the company’s stock worth $24,548,000 after acquiring an additional 2,825 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

IVE traded up $0.84 on Friday, reaching $233.02. 626,227 shares of the stock were exchanged, compared to its average volume of 943,444. The company’s 50-day moving average price is $234.41 and its 200 day moving average price is $227.71. 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 firm has a market capitalization of $49.33 billion, a PE ratio of 20.70 and a beta of 0.83.

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.