3,052 iShares S&P 500 Value ETF $IVE Shares Acquired by Moors & Cabot Inc.

Moors & Cabot Inc. raised its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 50.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,083 shares of the company’s stock after purchasing an additional 3,052 shares during the quarter. Moors & Cabot Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,073,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVE. RMG Wealth Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the first quarter valued at $27,000. Curry Webb Wealth Management LLC acquired a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at about $28,000. Next Level Wealth Planning LLC bought a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at about $34,000. First Bancorp Inc ME bought a new position in iShares S&P 500 Value ETF in the 2nd quarter valued at about $45,000. Finally, William Mack & Associates Inc. acquired a new stake in iShares S&P 500 Value ETF during the third quarter worth approximately $53,000.

iShares S&P 500 Value ETF Trading Up 0.2%

IVE stock traded up $0.48 during mid-day trading on Friday, hitting $242.16. 818,347 shares of the company were exchanged, compared to its average volume of 969,202. iShares S&P 500 Value ETF has a 1-year low of $203.15 and a 1-year high of $244.72. The stock has a market capitalization of $51.66 billion, a PE ratio of 22.47 and a beta of 0.82. The business has a 50 day simple moving average of $235.31 and a 200-day simple moving average of $227.30.

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.