Neumann Capital Management LLC Grows Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Neumann Capital Management LLC lifted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 11,415 shares of the company’s stock after purchasing an additional 1,010 shares during the period. Neumann Capital Management LLC’s holdings in iShares S&P 500 Value ETF were worth $2,179,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC increased its position in shares of iShares S&P 500 Value ETF by 18,046.1% in the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after acquiring an additional 1,326,211 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter worth approximately $82,555,000. USA Financial Formulas bought a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $77,191,000. The Manufacturers Life Insurance Company lifted its stake in iShares S&P 500 Value ETF by 43.2% in the second quarter. The Manufacturers Life Insurance Company now owns 918,220 shares of the company’s stock worth $167,125,000 after acquiring an additional 277,110 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in iShares S&P 500 Value ETF by 7.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after acquiring an additional 139,651 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.6 %

Shares of NYSEARCA IVE opened at $196.52 on Friday. The firm has a fifty day simple moving average of $196.53 and a two-hundred day simple moving average of $194.34. The firm has a market capitalization of $35.21 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 $172.85 and a 12 month high of $206.63.

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.