iShares S&P 500 Value ETF (NYSEARCA:IVE) Position Increased by Merkkuri Wealth Advisors LLC

Merkkuri Wealth Advisors LLC raised its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 33.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,109 shares of the company’s stock after purchasing an additional 1,039 shares during the quarter. Merkkuri Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $810,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. BKM Wealth Management LLC increased its holdings in iShares S&P 500 Value ETF by 2.9% in the first quarter. BKM Wealth Management LLC now owns 63,882 shares of the company’s stock worth $11,934,000 after buying an additional 1,802 shares during the last quarter. Sutton Place Investors LLC increased its stake in shares of iShares S&P 500 Value ETF by 9.3% during the 2nd quarter. Sutton Place Investors LLC now owns 5,704 shares of the company’s stock worth $1,038,000 after purchasing an additional 483 shares during the last quarter. FinTrust Capital Advisors LLC raised its holdings in shares of iShares S&P 500 Value ETF by 2,406.7% during the 1st quarter. FinTrust Capital Advisors LLC now owns 1,504 shares of the company’s stock valued at $281,000 after purchasing an additional 1,444 shares in the last quarter. NBC Securities Inc. increased its stake in iShares S&P 500 Value ETF by 33.3% during the third quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock valued at $423,000 after acquiring an additional 536 shares during the period. Finally, Financial Partners Group Inc lifted its position in iShares S&P 500 Value ETF by 2.7% in the second quarter. Financial Partners Group Inc now owns 2,784 shares of the company’s stock worth $507,000 after purchasing an additional 74 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.3 %

NYSEARCA:IVE opened at $197.79 on Friday. The firm has a market capitalization of $35.43 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $201.08. The firm has a 50-day moving average price of $195.36 and a 200 day moving average price of $187.54.

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.