Global Financial Private Client LLC Grows Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Global Financial Private Client LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 31.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 867 shares of the company’s stock after purchasing an additional 207 shares during the quarter. Global Financial Private Client LLC’s holdings in iShares S&P 500 Value ETF were worth $158,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of IVE. Palisade Asset Management LLC purchased a new stake in iShares S&P 500 Value ETF in the first quarter valued at approximately $26,000. Vima LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at $27,000. CarsonAllaria Wealth Management Ltd. increased its stake in shares of iShares S&P 500 Value ETF by 289.5% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after acquiring an additional 110 shares during the period. Northwest Investment Counselors LLC acquired a new position in iShares S&P 500 Value ETF during the first quarter valued at $29,000. Finally, Fortis Group Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock valued at $35,000 after purchasing an additional 100 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.9 %

Shares of NYSEARCA IVE traded up $1.68 during trading on Friday, reaching $196.24. 311,254 shares of the company traded hands, compared to its average volume of 720,983. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $196.36. The stock has a market cap of $35.16 billion, a P/E ratio of 23.79 and a beta of 0.81. The firm’s fifty day simple moving average is $187.09 and its 200 day simple moving average is $183.59.

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.