Magnus Financial Group LLC Purchases 5,563 Shares of iShares S&P 500 Value ETF $IVE

Magnus Financial Group LLC grew its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 32.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,488 shares of the company’s stock after acquiring an additional 5,563 shares during the quarter. Magnus Financial Group LLC’s holdings in iShares S&P 500 Value ETF were worth $4,395,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Realta Investment Advisors raised its holdings in shares of iShares S&P 500 Value ETF by 4.4% in the 1st quarter. Realta Investment Advisors now owns 1,380 shares of the company’s stock worth $263,000 after buying an additional 58 shares in the last quarter. Graney & King LLC raised its holdings in shares of iShares S&P 500 Value ETF by 22.5% in the 1st quarter. Graney & King LLC now owns 316 shares of the company’s stock worth $60,000 after buying an additional 58 shares in the last quarter. Harbor Investment Advisory LLC raised its holdings in shares of iShares S&P 500 Value ETF by 0.3% in the 2nd quarter. Harbor Investment Advisory LLC now owns 20,113 shares of the company’s stock worth $3,930,000 after buying an additional 59 shares in the last quarter. Country Club Bank raised its holdings in shares of iShares S&P 500 Value ETF by 1.1% in the 1st quarter. Country Club Bank now owns 5,723 shares of the company’s stock worth $1,080,000 after buying an additional 60 shares in the last quarter. Finally, Confluence Wealth Services Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 2.5% in the 1st quarter. Confluence Wealth Services Inc. now owns 2,555 shares of the company’s stock worth $459,000 after buying an additional 62 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.2%

Shares of IVE opened at $204.68 on Thursday. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $206.63. The stock has a 50 day simple moving average of $201.27 and a 200-day simple moving average of $192.59. The stock has a market cap of $41.09 billion, a PE ratio of 20.70 and a beta of 0.94.

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.