Pitcairn Co. Takes Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Pitcairn Co. purchased a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 4,350 shares of the company’s stock, valued at approximately $858,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at $31,000. Valued Wealth Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth $35,000. Colony Family Offices LLC increased its holdings in iShares S&P 500 Value ETF by 77.3% in the third quarter. Colony Family Offices LLC now owns 273 shares of the company’s stock valued at $54,000 after purchasing an additional 119 shares during the last quarter. Addison Advisors LLC lifted its stake in iShares S&P 500 Value ETF by 50.0% in the second quarter. Addison Advisors LLC now owns 279 shares of the company’s stock valued at $51,000 after buying an additional 93 shares during the period. Finally, TruNorth Capital Management LLC bought a new position in iShares S&P 500 Value ETF during the second quarter worth about $65,000.

iShares S&P 500 Value ETF Trading Up 0.7 %

iShares S&P 500 Value ETF stock opened at $203.74 on Monday. The firm has a market capitalization of $36.50 billion, a P/E ratio of 23.79 and a beta of 0.81. The business has a 50-day moving average of $198.01 and a 200-day moving average of $190.53. iShares S&P 500 Value ETF has a 1 year low of $163.68 and a 1 year high of $204.00.

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.