Capital Advisors Ltd. LLC Grows Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Capital Advisors Ltd. LLC raised its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,283 shares of the company’s stock after acquiring an additional 983 shares during the quarter. iShares S&P 500 Value ETF makes up 1.0% of Capital Advisors Ltd. LLC’s holdings, making the stock its 23rd biggest position. Capital Advisors Ltd. LLC’s holdings in iShares S&P 500 Value ETF were worth $7,868,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Thompson Investment Management Inc. boosted its stake in iShares S&P 500 Value ETF by 3.6% in the first quarter. Thompson Investment Management Inc. now owns 14,681 shares of the company’s stock valued at $2,798,000 after acquiring an additional 504 shares during the last quarter. Murphy Middleton Hinkle & Parker Inc. raised its position in shares of iShares S&P 500 Value ETF by 4.0% in the first quarter. Murphy Middleton Hinkle & Parker Inc. now owns 3,845 shares of the company’s stock valued at $733,000 after purchasing an additional 147 shares during the period. Focus Financial Network Inc. raised its position in shares of iShares S&P 500 Value ETF by 24.4% in the first quarter. Focus Financial Network Inc. now owns 57,967 shares of the company’s stock valued at $11,047,000 after purchasing an additional 11,369 shares during the period. Donaldson Capital Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the first quarter valued at approximately $573,000. Finally, My Legacy Advisors LLC raised its position in shares of iShares S&P 500 Value ETF by 45.4% in the first quarter. My Legacy Advisors LLC now owns 16,565 shares of the company’s stock valued at $3,157,000 after purchasing an additional 5,170 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.3%

NYSEARCA IVE opened at $192.26 on Thursday. The company’s 50 day moving average is $184.36 and its 200-day moving average is $190.96. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $206.63. The firm has a market cap of $38.36 billion, a P/E ratio of 20.88 and a beta of 0.89.

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.