iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Bought by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,789 shares of the company’s stock after buying an additional 167 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in iShares S&P 500 Value ETF were worth $1,678,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in iShares S&P 500 Value ETF in the fourth quarter valued at $311,273,000. USA Financial Formulas purchased a new position in iShares S&P 500 Value ETF during the fourth quarter worth approximately $77,191,000. Davis Selected Advisers boosted its position in iShares S&P 500 Value ETF by 1,452.8% during the fourth quarter. Davis Selected Advisers now owns 197,175 shares of the company’s stock worth $37,637,000 after purchasing an additional 184,477 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of iShares S&P 500 Value ETF by 8.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock valued at $408,993,000 after buying an additional 167,028 shares in the last quarter. Finally, World Investment Advisors LLC increased its position in shares of iShares S&P 500 Value ETF by 1,511.5% in the third quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock valued at $22,220,000 after buying an additional 105,334 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $172.67 on Friday. The business’s 50 day moving average price is $193.16 and its 200-day moving average price is $195.67. iShares S&P 500 Value ETF has a 1 year low of $172.56 and a 1 year high of $206.63. The firm has a market capitalization of $33.62 billion, a price-to-earnings ratio of 21.80 and a beta of 0.94.

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.