Latitude Advisors LLC boosted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 52.7% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 2,774 shares of the company’s stock after purchasing an additional 957 shares during the period. Latitude Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $529,000 as of its most recent filing with the SEC.
A number of other large investors have also added to or reduced their stakes in the stock. Private Trust Co. NA boosted its stake in iShares S&P 500 Value ETF by 22.0% in the first quarter. Private Trust Co. NA now owns 7,870 shares of the company’s stock valued at $1,500,000 after acquiring an additional 1,419 shares during the last quarter. Mainstream Capital Management LLC raised its holdings in shares of iShares S&P 500 Value ETF by 24.2% in the 1st quarter. Mainstream Capital Management LLC now owns 1,063 shares of the company’s stock worth $203,000 after purchasing an additional 207 shares during the period. Arlington Trust Co LLC lifted its stake in iShares S&P 500 Value ETF by 0.7% in the first quarter. Arlington Trust Co LLC now owns 53,504 shares of the company’s stock valued at $10,197,000 after purchasing an additional 348 shares during the last quarter. Physician Wealth Advisors Inc. grew its holdings in iShares S&P 500 Value ETF by 47.9% during the first quarter. Physician Wealth Advisors Inc. now owns 85,176 shares of the company’s stock valued at $16,233,000 after purchasing an additional 27,590 shares during the period. Finally, Instrumental Wealth LLC grew its holdings in iShares S&P 500 Value ETF by 3.4% during the first quarter. Instrumental Wealth LLC now owns 61,373 shares of the company’s stock valued at $11,160,000 after purchasing an additional 2,024 shares during the period.
iShares S&P 500 Value ETF Price Performance
NYSEARCA:IVE opened at $197.53 on Thursday. The company has a market capitalization of $39.66 billion, a P/E ratio of 20.88 and a beta of 0.94. The business has a fifty day simple moving average of $189.25 and a two-hundred day simple moving average of $189.93. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $206.63.
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.
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